A loan of $625 helped to buy clothes to fill a pending order.

Mayra Alejandra's story

Mayra, 23, lives in the city of Barranquilla. She is a clothes, perfume, soft-drink, liquor and cigarette merchant. She started the business six years ago with help from her mother who helped her financially and gave her advice on how to succeed in business just like she has done; she’s a merchant too.

Mayra sells for cash but mostly on credit. Her customers are women, men and young people. She pays cash for her purchases but she isn’t always able to respond to her growing clientele in an opportune way. This is the reason she’s calling on her Kiva loan, the first financing she’s gotten from Fundación Mario Santo Domingo that she’ll use to buy clothes to fill a pending order that she needs to see to most urgently because by responding in at timely manner, she will secure a regular customer and assure future sales.

Her dream is to acquire a house to give her mother much happiness because they currently live in a family home and she’d like to have a place for her products in the same place where she lives. While she works to reach her dream, she keeps a profit margin of no less than 30% which will gradually increase applying the injections of working capital that Kiva loans provide her with.

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Translated from Spanish by Kiva volunteer Polliz

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