A loan of $1,075 helped to buy grains, rice, oil, canned goods and meat in larger volumes.

Nasly's story

49 year-old Nalsy has a business selling food products in the Nuevo Bosque neighborhood. She started her business 17 years ago following the birth of her only daughter who is now 18 years old. She decided to look for a way to make additional income to help cover the expenses she faced in supporting her daughter.

Nalsy started out selling products through specialized guides or catalogs. The business gradually made money but not as much as her family needed. Her husband runs a bakery and sometimes he found himself without the capital he needed to do his work. For this reason, she decided to look for another type of business that would make more money. With this goal in mind, she very soon found an opportunity. A neighbor sold her a kiosk that is well located opposite a sports field, next to a school. From that moment on, Nalsy started building her own customer base and her business became very popular with locals and people visiting the sports field. She still runs this business.

Nalsy currently needs working capital to stock her business with products that her customers are constantly requesting. She plans to invest in grains, rice, oils, canned goods and meat in larger volumes since she believes that the more products she has available, the better her sales will be and she will thereby improve her income so that she can save some money and buy her own home which is her biggest challenge.

Since she received her first loan from Fundación Mario Santo Domingo, Nalsy made good investments in merchandise and the profits helped her a lot in enabling her to buy her kiosk. Her goal now is to stock her business well and, in the future, to buy her own home and premises where she can sell a variety of goods. This business will be run by her daughter who will thereby have her own source of employment as well.

Translated from Spanish by Kiva volunteer Linda Oxnard

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