Funded

Total loan: $1,100
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Arbey

Colombia
Medellín, Colombia / Shoe Sales

A loan of $1,100 helped to purchase assorted sandals.


Arbey's story

Arbey, a very well-known footwear distributer in Medellín, has been conducting sales as a street vendor for nineteen years. He is requesting a loan to purchase new styles of sandals because his customers are requesting them, and he wishes to maintain his stable sales volume so that he can continue unconditionally supporting his 20 year old son who is studying at the university. Being a supplier of sandals, he has to change styles constantly if he wants to retain customer loyalty, and says that no matter what route you take, the variety of shoes you have doesn’t matter because the competition is strong. The weakest have had to close due to lack of sales. He dreams of having a large store with several employees and has started tallying how much he needs to achieve his goal. He knows that he must make sales and have capital for his dream to take shape. For this reason, he needs lenders’ support and knows that he still needs five loans with very good payment history.

Translated from Spanish by Kiva volunteer Eleanor Francoletti-Putz



Loan details

Loan length:

6 months
Disbursed date: July 9, 2014

Lenders and lending teams




Loan details

Loan length:

6 months
Disbursed date: July 9, 2014