A loan of $1,700 helped to buy a chiller cabinet.

Paola's story

Paola is 30 years old and works in her sales business in order to support her household. She sells electrical appliances, cosmetics and clothing on credit. She also sells drinks such as soda and beer for cash. When she was 19 years old, Paola finished her high school education, brought up by her parents who are very hard-working people with good habits. When her husband gave her some start-up capital, she was able to make use of these personal values to start up and manage a sales business.

Paola was married at 21 and is the mother of two children who are 2 and 7 years old. She dreams of helping her children become successful people and so she takes care to educate them and work hard so that she can teach them the same values that her parents taught her. Paola started her business four years ago and she has gradually attracted a number of regular customers who, in turn, refer her to new customers. For this reason, the working capital she has with which to buy goods and respond to demand has become insufficient and she must wait to recover the money she is owed for her goods before she buys more. For this reason, she is applying for a Kiva loan (her fifth loan through Fundación Mario Santo Domingo). She will use the money to buy a chiller cabinet so that she can increase her sales of beer and soft drinks which makes her very good profits and is a cash-based business. With her previous loans, Paola managed to increase her business. This is reflected in her increase in sales which has made her more income and enabled her to continue making progress in improving her family's well-being.

Translated from Spanish by Kiva volunteer Linda Oxnard

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