A loan of $1,125 helped to buy varied stock; perfumes, clothes, footwear, etc.

Alcira's story

Alcira is 56 years old and lives with her husband. She has four children aged between 19 and 25 years of age. When she formed her family she decided to look for an independent activity which would give her enough income to support the welfare of her house. That is how she started her business adventure with a shop, located in a room of her house. This was gradually replaces as it took up too much time which she couldn't dedicate to her home. So, with the monetary income, a product of her work, she bought varied stock and set up a miscellaneous store in the room of her house. She carries out this business as well as complying with the household duties and always attending her children and her husband.

Her business has gradually grown, thanks to her great work capacity, discipline, responsibility and the support of the Fundación Mario Santo Domingo, an organization which has provided her with 21 loans over 7 years. With these loans she has managed to capitalize her business and with her profits she has improved her residence little by little. In her business she mostly sells up front although she has a credit portfolio which she collects every 40 days.

Presently she is applying for her first Credikiva, loan number 22. With this loan she will buy varied items which will allow her to increase her range of stock, according to the season. Her investment will be successful because she has a lot of experience about what sells in each season and especially who she can sell on credit to, encouraging the sustainability of her micro-business.

Translated from Spanish by Kiva volunteer Laura Darby

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