Total loan: $1,100
, , Bolivia / Retail
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A loan helped Working capital: buying merchandise.
Marcelina is a 34-year-old woman with 2 children, aged 9 and 5. She has recently moved in with another family member. Her family is very united, since both the mother and the children work together every day to sell their merchandise. Marcelina sells costume jewelry, and she has quite a lot of experience in this business. She has two sales locations, one by the city's post office and the other near a department of the university. Her first sales stand has very little competition, since there are only three or four stands selling jewelry. At her stand near the university, she simply has NO competition at all, since she is the only vendor. The aim of this loan is to purchase merchandise -- that is, to buy a variety of costume jewelry. Regarding her history with Agrocapital, she has had a few delays, but these have been justifiably explained by Marcelina, and now she has demonstrated punctuality in her payments with other financial entities as well as ours, as she has shown with her payment receipts.
Translated from Spanish by Patricia Linderman, Kiva Volunteer