A loan of $850 helped to purchase cosmetics which are on sale, clothing and shoes.

Sol Marina's story

Sol is a 54 year old woman who lives in the citadel of "20 de Julio" in the city's south end. She is married with a merchant and she has 3 children, aged 24 to 27. They are all employed by private companies. This community is charming with much work and solidarity among its inhabitants. Sol is a merchant of a variety of merchandise, such as clothing, shoes, and cosmetics in general. She sells her merchandise primarily on credit and she focuses herself on her clients' orders, although she also works through catalogues of specialized products. She strives to be attentive and doting to her existing client base and to always respond to their requests, which is the reason why she is referred new clients, daily. Her Kiva loan is the second loan which she accesses through Fundacion Mario Santo Domingo (Kiva Field Partner). With it she will purchase cosmetics products, shoes, and clothing which are on sale through the catalogue which she manages. A large order has been placed and this is exactly the reason why her investment will be a success. She is able to rotate her merchandise quickly among the clients that make their payments on time. When she started out her business in the year 2000, she profited from a very important experience she earned in the field in 1986. It has helped her greatly in her current business. She has allowed her to easily negotiate with the best merchandise providers and to earn a client base and to keep them happy. With the previous loan she observed an increase in her clientele, especially because she had additional capital funds. Her dream is to achieve sustainability for her business, to leave her family with a prosperous inheritance and a good example. Her greatest challenge is having to work with a small capital funds with which to respond quickly to new clients, who increase every day. While Sol builds her dream, she strives to maintain a profit margin of no less than %26 and she works every day to improve it.

Translated from Spanish by Kiva volunteer

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