A loan of $850 helped to buy large numbers of sandals to sell.

Luz Mery's story

Luz M. P., 32, is a woman living in the Carrizal neighborhood, an area characterized by its residents’ joy and for great, dynamic, independent work. In this environment where several activities meet, she has a point of sale where she sells assorted merchandise displayed in a well stocked showcase and on shelving which attract customer attention quickly.

This business is the fruit of her labor and she’s attained it thanks to her great responsibility toward her two children who are 9 and 4 years old and who she wants to see become successful in the future; they are the motivating force behind her constant, disciplined work.

Initially, Luz worked as an employee but, because she needed to be close to her children’s’ education and generate income at the same time, she decided to work independently like she’s been doing to date. He goal is to expand her general store increasing working capital.

This is the reason she’s called on her Kiva loan which is her first loan with Fundación Mario Santo Domingo. She will use it to buy sandals at wholesale because this is an item that sells fast and she doesn’t have much left in her inventory. While building and working toward her dream, she maintains a profit margin of no less than 25% and every day creates options to increase it.

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Translated from Spanish by Kiva volunteer Polliz

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