A loan of $625 helped to buy merchandise that he sells the most of, like women's accessories, clothing, cosmetics, and perfume.

Jeyson's story

Jeyson is 23 and lives in the city of Cartagena with his wife and 1-year-old son. He has a business there named "Variedades Jeisylibiana," where he sells women's accessories, clothing, shoes, cosmetics, perfume, cologne, and costume jewelry. His business started as a display case at the door of his home, to which he gradually added display cases, various merchandise, and everything his growing customer base requested that he didn't have. He finally fixed up a location in his home where he lives and made his business a general store, where he currently works. He makes his sales daily, and the majority of them are paid for with cash. His sales on credit aren't significant. He also has a small amount of furniture and household equipment, which is why his current assets are more representative that his total assets. His goal is to grow his business and to stabilize it in such a way that his work brings more well-being every day to his family. Currently his working capital is insufficient to respond to his growing customer base, and that is why he wants to increase it with this loan. It is the first loan that he has received from Fundación Mario Santo Domingo, and he will use it to buy the merchandise he sells the most of, like feminine accessories, clothing, cosmetics, and perfume.

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Translated from Spanish by Kiva volunteer Tanya Harper

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