A loan of $1,000 helped business Capital.

Maria Auxiladora's story

Mrs. María Auxiliadora Rodríguez S. is 51 years old and married. Doña María has 1 son, who is 15 years old and recently started his 4th year of high school. Her husband has his own business. Her goals are to keep her business active given the actual economic climate, since her country is in a very unstable condition. Her dreams are to increase her inventory in order to offer a variety of products and satisfy client demand. She hopes to obtain sufficient income to retire, because she has been working since she was very young to have a provide a better life for herself and her family. She needs enough income to retire since her son is still only a student and does not work so that he can become a professional and be useful in society.

María sells general merchandise and offers the following: toys, snacks, clothing, shoes, sandals, and housewares. She runs her business from her home, which she has done for 38 years. Her business was born with the goal of helping with the costs of living and to help her son get ahead in his studies. At first her business was an ambulatory format, offering merchandise door-to-door to her neighbors and friends. She thought this was the easiest way to do business becuase her merchandise was exposed to the different tastes of her clients. But, because of her age and the time it required, María could not continue walking. So she decided to establish a fixed location in her home. Her family has always been supportive of her decision. At first she could not get used to the ides of maintaining her store in a single location, since she had always been moving. Over time she became accustomed to the idea and benefits from the business she owns. Now she asks for a loan for business capital which she needs to invest in the purchase of school supplies since classes begin soon and she wants to offer what her clients need.

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Translated from Spanish by Kiva volunteer Laura Gilchrest

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