A loan of $1,150 helped to purchase products she requires for her crafts, such as straw, fabrics, leather, stone beads, and other crafting accessories.


Maria Soledad's story

Maria Soledad is 44 years old and she is a married woman. She lives with her husband and their 3 children, aged between 12 and 17 years old. They live in the district of Altos D. Riomar, in the city's north end. She has a craft shop there where she makes hand-maD. purses, bands, shoes, necklaces, bracelets, and she also decorates blouses and clothing in general. She was employed for 12 years as a professional business administrator, specializing in the financial sector. When she left her employment she decided to do what she loves most and since then she has perfected her art form and she has applied her financial knowledge to her own business. She has participated in national and international fairs with her crafts and today she exports to the United States and to Puerto Rico. Her dream is to expand her export business and to continue strengthening her brand name "Marisol Fashion" to secure a niche in these markets. Her Kiva loan is the first loan that she accesses through Fundacion Mario Santo Domingo (Kiva Field Partner). With her loan she will purchase products she requires to make her crafts such as straw, fabrics, leather, stone beads, and other craft accessories. Her goal is to expand to reach the local market potential and to start producing those crafts which sell the best to her clients. Maria Soledad wants to accomplish her dream of attaining success comparable to her husband's and to earn sufficient income so that her children can attain their level of schooling successfully. She continues to work on her business to maintain a profit margin of 45% and an inventory rotation of 45 days.

Translated from Spanish by Kiva volunteer



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