A loan of $1,125 helped to purchase raw materials and supplies for her fast food business, to renovate her store and to purchase merchandise.

Jennifer Esther's story

27-year-old Jennifer sells assorted goods and also serves fast food. She does both kinds of business and that way she has been able to help with managing expenses in the home she shares with her husband and her 2 and 8-year-old children. She started her business approximately 5 years ago by selling a few goods among her closest neighbors, friends and relatives. After she got an income and had a few savings, she started another business selling fast food, which she does on weekends with her mother’s help. This is her 4th loan with Fundación Mario Santo Domingo and with the loan she will purchase raw materials and supplies for her fast food business, renovate her store and purchase merchandise. She has ordered merchandise on account of Valentine’s Day which has a positive impact on her sales and she intends to use this opportunity to make a successful investment. With her former loans, she has been able to increase her income and therefore improve her family’s well-being. While she works to meet her expansion goals, she strives to maintain a marginal income of no less than 40% and a liquidity of 3-to-1, which is what she currently has and uses in order to forecast her development potential.

Translated from Spanish by Kiva volunteer Renata Wolff

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