Funded

Total loan: $1,200
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Heidy


A loan of $1,200 helped to buy clothing for women, men, and children, and to buy purses.


Heidy's story

Heidy, 34, lives in the south of the city with her daughter, 3, who is the driving force of her life. She dreams about seeing her daughter become a successful professional.

Heidy started her business life selling things made of silver. Gradually she has added clothing and footwear, which are the main things she sells to the customers in the neighborhood and referrals who work in different businesses. Her business "has been of great use to her" because she has been able to get her daughter ahead and take university classes.

Currently she has received four loans with Fundación Mario Santo Domingo with which she has been able to increase her working capital, grow, and stir interest in her credibility among her suppliers.

Her Kiva loan is the fifth loan she has requested from Fundación Mario Santo Domingo. With it she will buy clothing for women, men, and children as well as purses.

This loan will be successful because she knows the market well. She will invest her Kiva loan at the peak of the commercial season and will respond to the needs of her customers, quickly turning around any products she buys. While this happens, she manages a turnover of accounts for charging for no less than 30 days, a profitability no less than 30%. From there she plans her business growth with the support of her Kiva loan.

Translator profile picture

Translated from Spanish by Kiva volunteer Catharine Wall



Loan details

Loan length:

14 months
Disbursed date: May 9, 2012
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: May 9, 2012
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)