A loan of $475 helped to buy merchandie to stock her store.

Mildred's story

Mildred, 50, lives in Puerto Colombia, a tourist city on the shores of the Caribbean Sea. She has two children who are 25 and 26 years old who work and help out with family expenses.

Mildred has a small store at home where she sells miscellaneous articles like cologne, cosmetics, paper goods, school supplies, children’s clothes and women’s accessories. The business was born three years ago with just a display case and few items. It gradually grew until it attained a more dynamic clientele.

At present, she plans to stock her business with seasonal products because Mother’s Day is approaching and sales increase as a result and Mildred wants to take advantage of this. However, her working capital is insufficient to reach this strategic goal which is why Mildred is calling on her Kiva loan, the first financing from Fundación Mario Santo Domingo to buy merchandise to stock her variety store with shoes, cosmetics, underwear, gift-wrap paper, etc.

Her investment will be successful because potential demand will lead to increased sales and with them higher income to continue strengthening the variety store’s capital and this makes her very happy.

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Translated from Spanish by Kiva volunteer Polliz

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