A loan of $1,000 helped working capital to buy raw materials to make pans.

Carlos Alberto's story

Carlos Alberto Martínez is 42 years old and married. He has three children. The oldest is 23 and he isn’t in school as he works, his other son is 17 years old and he too is not in school but works, and his 10 year old daughter is in 6th grade of primary school. His wife doesn’t work. His goals are to grow his business as this si his family’s primary source of income. His wishes are to improve his shop as he needs to equip it with tools to make his products. His dreams are to increase his production because this would help his customers know the quality of his products which would bring greater attention from those who admire his work. He would also like his children to take over the business on day so they can overcome any difficulty and become good business managers.

Carolos makes aluminum pots, and his business is located in his home. He has had this business for 7 years. Carlos began the business with his own savings and with the support of friends who helped him with the business by becoming only his customer. 7 years ago he needed a profession with which he could generate income to support his family as he found himself unemployed. He decided to apply his knowledge in this field ad developed his shop and later decided to look for help through some friends who provided him the necessary support and little by little he began to seek the necessary materials to make his pans. He began with only producing 35 pots and began selling them in the markets and to his friends. His reputation gained him friends who then became familiar with his work. Now he seeks a loan for working capital to buy raw materials, aluminum, and oil, because he wouldn’t like to lose the demand for his product.

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Translated from Spanish by Kiva volunteer Cindy Kendall

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