Total loan: $1,450
Faramalala Tiana Elysa
Antananarivo, Antananarivo Province, Madagascar / Retail
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A loan helped to buy a variety of high end mobile phones for resale.
Faramalala Tiana Elysa's story
Elysa is very happy because with the previous loan she was able to diversify the telephones offered to her customers. Elysa thanks the Kiva lenders for their invaluable support. Her business is doing well. The profits from the business allowed her to open another point of sale. The development of sales of telephone products depends on the ability to stock up in large quantities because of the benefit of a price reduction. Considering the evolution of technology, it is necessary to have stock that is responsive to the needs of the market, therefore this loan renewal to increase the supply of telephones. Her business has been operating for 11 years and the market is solid.