A loan of $1,150 helped to purchase a larger amount of medicine.

Alcides Rafael's story

Alcides invested his last loan in generic and brand-name medicines, (buying them) wholesale and in cash. His loan gave him better liquidity and increased his working capital as well as his sales and uses. He is very grateful for the financial support and says, "I hope to take maximum advantage of it." Currently, he is applying for a Kiva loan that he will use to purchase a greater volume of medicines, taking advantage of the fact that the pharmacy is well-located, and the number of potential customers is always growing.

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Translated from Spanish by Kiva volunteer Olivia Shirley

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Loan details