A loan of $800 helped the loan will be used to buy tools (hammer, electric saws, etc.) that will permit Mr. Lopez to complete clients' orders faster and at a higher quality at his workshop.


German's story

Mr. Lopez is a married father of four, and two of his children work for him at his carpentry shop. The loan will be used to buy tools like hammers, electric saws, etc. that will allow him to complete clients' orders faster and at a higher quality. Another part he plans to invest on reparing his workshop and enlarging it a little, which will allow him to hire another assistant. This is important because it would generate a source of employment in a country where the unemployment rate is very high.

Translated from Spanish by Marty Greenstein, Kiva Volunteer.

El Sr. L. es casado y padre de 4 hijos, 2 de los cuales laboran con el en su taller de carpintería, el préstamo lo invertirá en la compra de herramientas (Martillo, sierras eléctricas, etc.) que le permitirán entregar los pedidos de los clientes en menos tiempo y a la vez con una mayor calidad. Otra parte del crédito la piensa invertir en el acondicionamiento de su taller, piensa agrandarlo un poco y contratar los servicios de otro ayudante, lo cual es muy importante ya que generaría una fuente de empleo en un país donde el índice de desempleo es muy alto.


Loan details


Lenders and lending teams



Loan details