A loan of $1,125 helped to buy a display case and supply of silverware and cologne from North America.

Luz Marina's story

Luz Marina is 46 years old. She has been working commercially for 6 years and generating income to help support the household, which consists of her husband and her 12 year old son.

She began with products made from silver, distributing them on credit among neighbors and referrals. And so little by little she generated profit and she was taking new orders for other articles such as cologne, cosmetics and recently working with vitamins and natural products, that a relative sends her from abroad. Her customers are mainly housewives, company employees and the domestic help of her neighbors, which is ongoing. Sales take place by monthly preorders she collects. She also buys articles in the nearby city of Barranquilla and in the Cartagena market square, paying by cash.

She has received 2 loans through the Fundación Mario Santo Domingo, which have noticeably increased her working capital and profits, so on a personal level she has achieved greater autonomy and overcome fears in respect to the sales of the products that she offers and therefore she gives thanks to God.

Her goal is to purchase products in larger quantities in order to get better prices and transfer the savings on to her customers, and upon receiving her earnings, rotating her merchandise each time. Her goal moving forward is to have a facility in her own home, which she doesn’t have yet.

This is her third Kiva loan for which she is applying through the foundation and with this investment she plans to buy a display case and supply it with silverware and cologne from North America in which her customers can find a good mixture. Once Luz Marina has a new display case, it will have an impact in the long view once again, her market and most likely her profits will double and this is what guarantees the success of Kiva loans.

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Translated from Spanish by Kiva volunteer Gail LeGrand

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