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4 people are supporting Ariel Duarte

Ariel Duarte

City: Carmen de Bolivar Country: Colombia Loan Use: Restocking shop
Loan Term: 16 Date Posted: January 03, 2018 First Repayment: June 12, 2017
Opportunity International Client Ariel Duarte

Ariel Duarte lives in Carmen de Bolívar, Colombia, with his four children. He owns and runs a small retail shop. Years ago, Ariel was the manager of a vegetables wholesale warehouse, he had a good income, and his life stable. Then, quite suddenly, he started feeling a persistent and severe pain in his back. He had to take leave from work and eventually had to quit. His wife divorced him and left him alone with their four children. Without a job and with a fickle health, Ariel knew he had to do something to provide for his children. He withdrew his unemployment insurance and used it to open a store in his house. Given his previous experience, planning and managing the business was easy for Ariel, but he was short on capital and properly stocking the store proved difficult. In order to solve this issue, Ariel followed advice from a friend and took an Opportunity Trust Group loan. Now, his business is thriving. His sales are high and Ariel makes sure there is never an empty space in his showcases. He is glad he can work from home and hopes he will be able to hire an employee soon.

Frequently Asked Questions

How do entrepreneurs become Opportunity International loan clients?

Opportunity International conducts interviews with prospective clients to get a better understanding of their situation, so we can construct a loan that’s tailored to their needs and capabilities.

If I help fund a loan, should I expect to be paid back?

When you help to fund a loan, you are making a donation to Opportunity International. When those funds are repaid by the client, the funds remain in the country where the original client’s loan was disbursed, so that it can help fund more loans. Your initial gift continues to have an impact after the first loan is repaid.

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