A loan of $575 helped to buy auto parts and spare parts for vehicles.

Ricardo Antonio's story

Fourteen years ago, Ricardo decided to start his own business venture. When he became unemployed, several of his friends said they had no provider for the clientele, mechanical service shops and vehicle repair. Friends were the ones who allowed him to observe the niche market in which to venture.

Thus was launched the sale of automotive parts to vehicle owners and providing services in the workshops of his friends. Today his work is performed through catalogs working every day as required by his clientele, from 8 am to 5 pm.

The goal of Ricardo is to expand client coverage and for this reason he applied for a loan. With this financing from Fundación Mario Santo Domingo he willl purchase auto parts and spare parts for vehicles. In this manner, he will improve his business and will increase its capital, sales and volume of his business.

Translated from Spanish by Kiva volunteer Joyce Bogner-Bohn

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Loan details