Juliane, 31, came from the south because her family wanted a better life. She has a 2 year old daughter and lives with her mother and her sister. Juliane and her sister are responsible for taking care of the family financially. Juliane sells clothes, but today her business does not earn much profit and Juliana would like to earn a higher percentage of income on clothing sales. With the money she plans to buy the clothes directly from factories and so have a much larger profit on goods sold.
She is a person who loves to talk, is always smiling and is a very dedicated mother and daughter. With this she helped her mother overcome depression.
About Banco Pérola:
This loan is administered by Kiva partner Banco Pérola, a non-profit organization that aims to contribute to social change in Brazil through the financial inclusion of young entrepreneurs. Banco Pérola is primarily focused on funding loans to young entrepreneurs (ages 18-35) in the Brazilian state of São Paulo. The organization is an off-shoot of Projeto Pérola, an NGO that offers youths trainings and educational courses on arts, culture, and digital media. Banco Pérola was created after staff observed that the youth served by Projeto Pérola had solid business ideas and the drive to execute them but were unable to fund their ideas due to their lack of credit history or collateral.
Banco Pérola joined Kiva through our Experimental Partnership Program, and has therefore received a lighter level of due diligence. Accordingly, loans associated with this partner carry a higher level of risk than typical Kiva loans.