A loan of $1,350 helped purchase a new food cart plus primary materials for preparing dishes and, thereby, increasing customer numbers.


Froilan's story

In the city of Santo Domingo resides Froilan, a 57-year-old gentleman who is very hard-working and shares with his wife, a daughter and a young grand-daughter. They all live in his own house.

Froilan is a client of the Foundation and is eligible to receive a loan to invest in launching his
own business together with his wife and daughter. Since his income as a guard is insufficient, he decided to seize the opportunity offered by his wife's delicious lunches to begin a business selling meals.

It has gone well and, now, once again, he needs to invest in order to strengthen and expand the business. With this new loan that the Foundation could offer Froilan for being a good customer, he wishes to buy another food cart plus supplies such as rice, chicken, and other items.

Froilan is a very grateful client since in addition to helping with the loans, the Foundation is always attentive to how well the businesses are doing. It offers training and, in addition, medical treatment for the micro-entrepreneurs and their families.

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Translated from Spanish by Kiva volunteer Harold Dana Sims, PhD.



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Loan details