A loan of $400 helped to purchase fine thread in greater volume.


Rosiris Margoth's story

Rosiris, 42, had a previous loan from Kiva with which she bought materials to make her handicrafts and also invested in two live pigs, which she sold to support her son’s studies at the University of Barranquilla, a city two hours away from Cartagena. Today, Rosiris is preparing for a new Kiva loan with which she will continue increasing her working capital because she will fill orders for hammocks. Thus she will purchase fine thread in greater volume. With this investment she thinks she will be very successful since it leaves her with a greater profit margin and with an inventory of these products, which will increase the probability of their sale and of her ability to capitalize her business even more. With her former profits, she invested in the acquisition of her son’s military I.D.. This time she plans to re-invest in her business. She is very grateful for the Kiva loans and says that they make it possible for her to get ahead with her family and we are sure she will.

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Translated from Spanish by Kiva volunteer Diane Chaney



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