A loan of $800 helped inventory (cosmetics).

Naira Magdalena's story

Naira Magdalena V. P. is 26 years old and lives in a rented home in Tarija. Naria has a daughter and is a single mother. Because of life’s circumstances, she’s had to work in order to get ahead with her daughter. For the past seven years, she’s worked for a well known company, Crocan Pollo, selling fast food, broasted chicken. She also earns a small income by selling cosmetics.

She would like to increase her income in order to get ahead with her daughter, and wants to buy a certain quantity of cosmetics because she was told that the price would be going up. Since she already has some experience with financing. She will use the money to buy said cosmetics so that she can increase her income.

Naria tells us that she would like to improve her living conditions, and so the next loan she requests will be for more merchandise, since things are going well for her in this business.

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Translated from Spanish by Kiva volunteer Hugo Reyes

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