A loan of $900 helped buying appliances and clothes to sell.

Flor Narcisa's story

Flor is a single mother of two children who works as a teacher at a night school in the city of Portoviejo. During the day, she sells clothes and home appliances such as irons, blenders, and more. She has had this business for five years, and since joining Kiva partner Fundación ESPOIR she has grown her business thanks to the loans she's taken out.

Flor has had eight loans so far and has never had difficulty making the payments. She has always loved to work and started in sales thanks to her sister, for whom she would sell products. However, she realized she could go into sales for herself since what her sister paid her was not enough to survive. That's when she started her own business, which operates during the day and part of the afternoon, when she goes around her clients' homes, letting her regulars pay her later.

To find products at good prices that would yield more revenue, Flor must travel to buy from the direct importers. The loans she has received from Fundación ESPOIR have helped her grow her business. She invests about $500 in the orders her customers put in and saves the profit to finish building her house, Flora's big dream.

In December, Flor will have to deliver several orders so she will invest this loan entirely in purchasing products.

Translated from Spanish by Kiva volunteer Violeta Rubiani

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