A loan of $575 helped to buy bulk dyeing materials.

Sylvie Michelle's story

Sylvie is a young, 28-year-old woman who is married and has one child who goes to school. She has a further two people under her care. She has worked from home for 11 years, dyeing all kinds of clothing which she then resells. Her business is really successful thanks to the good quality of her services, as well as her experience in this area, which has helped her build up a considerable customer base.

Sylvie’s concern, however, is that she will not be able to meet the needs of these customers, as her capital is so low. This means she has to buy products on a retail basis to meet one wave of demand, before waiting to be paid before she is able to meet the needs of more customers. She therefore needs a loan to help her buy bulk material to use for her work, allowing her to meet all her customers’ needs and increase her income. She will save part of this profit to open a store over time, and the other part of her profits will help her to provide for her family on a daily basis.

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Translated from French by Kiva volunteer Paul Lambert

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