A loan of $1,150 helped to buy different brands of holsters, caps, cell-phone carriers, printed neckerchiefs and ties.

Katerine's story

Katerine, 21, is the owner of a store that sells uniforms and clothing for policemen. Her idea arose after working for a store that sold the same line of articles and she saw that it was a profitable business so decided to branch out on her own. She rented a store location in the neighborhood of Los Almendros, just a few blocks from the police academy in the same neighborhood. She lives with her parents, and her business operates within full legal requirements. She has a licence from the chamber of commerce that was issued at the beginning of this year.

Her sales are the sum of everything she sells. She has very few accounts receivable since most of her transactions are carried out in cash, just as most of her purchases. She is need of capital to increase her stock since she has a number of good orders and great potential. Her accounts payable are low, as was expected since she has good financial autonomy which allows her to make payments when needed. The credikiva loan is her first through the Mario Santo domingo Foundation. She plans to buy different merchandise to stock her business, such as Elite and Aérea brand holsters, caps, cell-phone holders, printed neckerchiefs and ties.

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Translated from Spanish by Kiva volunteer Sherry Bess

Loan details

Lenders and lending teams

Loan details