A loan of $600 helped to purchase a greater quantity of food, beverages, personal grooming products and paper goods.

Nevys Johanna's story

Nevys, while still a young woman of 19, already has her own business. When she was 14, she decided to become a retailer, and had two initial experiences which led her to undertake her business venture of a store. Today her store sells food, personal grooming products, and in general all the specific items a family needs. She sells to housewives who meet together, chat and make their purchases at Nevys' store.

Nevys is an entrepreneurial young woman who generates income through her initiative. She has managed to move ahead in life in spite of being orphaned, and so has supported her family and managed to keep her business going. She plans to see it grow permanently, and for this reason she works on a daily basis with maximum determination.

This is the reason why she has come for a Kiva loan; her first financing through Fundación Mario Santo Domingo. With the loan, she will purchase a greater quantity of food, beverages, personal grooming products, and paper goods, which are what her customers normally look for at this first school season of the year.

Her goal is to have a house where she can use all the technology and modernity of her youth in her business. In the meantime, she strives to work, and with her work she earns an average profit on her sales of not less than 28%, her inventory turns over every two weeks. and her accounts receivables is at 5 days. This is because she sells the great majority of items for cash, and provides credit to only a few, profitable customers with whom she has good relations.

Translated from Spanish by Kiva volunteer Arabella Pollack

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