A loan of $625 helped to buy clothes and especially shoes.

Delis Rosa's story

37 year old Derlis lives with her partner and her 14 year old son in Soledad, a Colombian town with the fastest growing population in the country. She works there selling a variety of goods, a business that came out of her efforts to become economically independent and generate income so she can contribute to the development and well being of her household. She began this business 5 years ago, selling a few products on credit to her neighbors and friends, and today she has a large cliental and has added much more. That is to say, everything that her customers want, Derlis gets for them at a good price and they pay her at agreed deadlines. 80% of her sales are for credit, and 20% are cash sales. She also sells for cash at auctions and receives merchandise from Guajira in the north of Colombia. In this way, she sells clothes, perfumes, costume jewelry, and shoes. She is a good businesswoman and so she gets new clients daily, but her working capital isn't enough to meet their orders immediately. This is the reason she has come to Kiva, and this is the first loan she has requested from Fundación Mario Santo Domingo. She will use it to buy clothes and especially shoes, an investment that she expects to be successful because it is based on the requests of her clients. Her most immediate goal is to have a commercial premisis where she can lay out and organize her merchandise and impress her customers by displaying a range of products that they need and can afford. Derlis is enthusiastic because her financial statements show that this is a good time for her business.

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Translated from Spanish by Kiva volunteer Alison Hynd

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