A loan of $1,000 helped to buy wood and improve inventory.

Alfonso's story

Alfonso M. and his wife have lived in the Zacatecoluca district of La Paz for 23 years. Although he is 66 years old, he continues to be a very hard worker, and it was only last year that he started his own business. He sells the raw materials needed to make other products out of wood. But although Alfonso has an extensive network of clients who pay cash for his products, he has not been able to make much of a profit because his inventory is so small. It is for this reason that Alfonso is requesting a loan. He would like to increase the range of products he offers and thus, increase his sales. A loan would also help him improve the condition of his store, which is currently infested with insects that are ruining his wood and are obviously a very serious problem for the quality of his service. In these ways, capital would help him improve the profitability of his business and increase his household's income.

Translated from Spanish by Kiva volunteer Sara Sultan

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