A loan of $625 helped to buy in greater bulk and of a certain variety, including food stuffs.


Georgina's story

Georgina owns the store “El Baraton” located in the parish of Juan Mina. With her business, she has managed to get her family ahead. This is also with the help of her husband, who for many years was employed at various stores, but always with the intention of one day having his own. He achieved it after uniting with Georgina, when his desire for independence increased. Four years ago they used their savings to acquire a small store in the municipality of Galapa, which went well for them. However, since their plans were to achieve a bigger sales point, they moved to the parish of Juan Mina, where they acquired the store that they have today. They bought the house on credit, agreeing to a term of 5 years to make the complete payment. To date, they only owe the last two years. The financial state of the store shows the profit margin that allows them to easily cover their costs and expenses, which allows them to permanently reinvest in their business. Her inventory is adequate for this type of business and since she manages her cash flow with caution, her product turnover runs smoothly. Her profit margin allows her to have a good capacity to pay. The micro-entrepreneur is requesting her first loan, which she wants in general, and also to take advantage of the trainings and support that the Mario Santo Domingo Foundation provides.

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Translated from Spanish by Kiva volunteer Jacqueline Demeranville



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