A loan of $650 helped to buy grocery items, meat, pop, and liquor.

Elizabeth Del Carmen's story

Elizabeth, age 46, lives in the municipality of Soledad with her husband. She has three children ages 14-21. They are the driving force in her life; it is for them that she and her husband work persistently, in order to be able to provide them with a good future. Elizabeth has a business where she sells meat, grocery items, pop, and drinks. She gained her experience in the area as a young woman, working with her parents and helping them out in the family store. She used this knowledge to generate her own, independent income while still being able to keep house. She has done this with her husband's support; he also knew this business from his own experiences. He decided to open the business in their home in another neighbourhood in the city. They had good results there, and gradually progressed. Later they moved to another location where things went much better for them. They were able to save up and buy their home and two lots where they built two apartments because they wanted to keep building capital in order to live a dignified old age and give their children a quality education. Elizabeth has taken out 13 loans from the Fundación Mario Santo Domingo over 16 years. These loans have been a support to her in expanding her working capital. Her goal is to be able to build on their two lots and generate more income in order to keep strengthening their family's position. She is currently applying for a Kiva loan with which she will buy grocery items, meat, pop and liquor. This will increase her inventory yet again. Having inventory that corresponds with her clients' needs always impacts her sales; this is why she is successful.

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Translated from Spanish by Kiva volunteer Christine Cooper

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