A loan of $1,125 helped to improve her housing conditions: specifically the bathroom and kitchen.

Marleth's story

Marleth Rodríguez lives in the suburbs of the city of Barranquilla and her business is located in the same area. She is a widowed woman that has 3 children of the ages from 11 to 17 years, which she hopes to see become successful professionals and who are her daily inspiration in her work. Since the year 1998 when she started her business with a loan that her husband took out, she has not stopped for a moment. She sells clothing for ladies chiefly and, in a smaller proportion, clothes for men and children, which she distributes by means of orders from among her clients. She offers them a moderate credit so they can agree to buy articles that would not possibly be within their reach with cash. Currently she is applying for her fourth loan with the Mario Santo Domingo Foundation, with which she will carry out improvements of her housing conditions: steaming and adapting the bathroom and kitchen. With her previous loan she managed to supply her business with new merchandise, which has resulted in a slight increase in the family income. Her dream is to manage a stationary business in a commercial location where it would be seen as a great store. Her most important challenge is the small amount of working capital that she currently handles, and that many times she does not have enough to respond opportunely to her clients. In the meantime Marleth continues working to multiply her average net profit margin of 12%.

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Translated from Spanish by Kiva volunteer B Brown

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