A loan of $1,050 helped to buy clothing and costume jewelry to sell.

Irma Isabelina's story

Irma is a 42-year-old single woman, the mother of four children. She lives with three of them in Santo Domingo, which is one of the youngest cities in the country. Currently it has become the connection point between the mountains and the coast. It is a privileged area, not only for its ethnic riches but also for the landscapes you can see from the moment you enter this beautiful city. Santo Domingo de los Colorados is currently in the province of Santo Domingo de los Tsáchilas, recently formed in 2007.

Irma has had a business selling clothing and costume jewelry for seven years; this is how she supports her household. This enterprising woman wants to make an investment buying clothing and costume jewelry to increase the stock of the merchandise she sells. For this Irma has trusted in Fundación Alternativa, the intermediary institution between Kiva and herself, to get her first loan. With this she plans to get greater profits because with a greater selection she can even attract a larger clientele.

The lack of capital and growth opportunities has been a big obstacle for this woman. Thanks to Kiva and Fundación Alternativa, Irma not only will have a loan, but she also will be able to get training and advice in such a way that she will have sustainable growth.

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Translated from Spanish by Kiva volunteer Catharine Wall

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Loan details