A loan of $875 helped to buy clothes in order to improve her stock, and to offer a greater variety of merchandise.

Lidia's story

Lidia is married to Rody, and they are both merchants. They have a school-age daughter. They have lived in a rented house for 12 years.

She buys and sells new and gently used clothes. She gets them in bundles, and she gets them in the city of Foz de Iguazu, Brasil. She also buys at home. Her husband has his own vehicle and also sells in an itinerant manner in the different neighborhoods in Asunción and in the interior of the country.

At first they only used their own capital, which was very little. This stopped them from being able to buy a lot of merchandise. Then, one day she was talking to a neighbor who is a client of the Fundación. The neighbor recommended that she turn to the Fundación in order to be able to take a loan as a way of investing in her small business.

She followed her friend’s example, and from then on she has improved the level of her income. She has access to better prices, and she is currently investing in a new project. The project is the purchase of medications to sell at pantries. This will be taking advantage of her husband’s itinerant manner of selling.

With the loan she will be able to improve the quality of her merchandise, and she will be able to get more income.

Translated from Spanish by Kiva volunteer Ginny Kalish

Loan details

Lenders and lending teams

Loan details