A loan of $1,700 helped to buy a photocopier, a display case and stationery supplies.

Debbie's story

Debbie, 60, lives in the city of Barranquilla and works in commerce, a task she started after having been working as an employee and encouraged by her husband to start her own income generating activity taking advantage of an unexplored service potential. This was how they gradually invested a little capital into buying merchandise and Debbie acquired customers she did well with and who later became regular customers.

Gradually, the business added other services like mobile phone telecommunications, Internet access and photocopying services. Her business ideas have gradually been bearing fruit for every day she has more customers and more services that generate income. Today, she sees the need to offer photocopying services, to add a display case and to buy stationery supplies to display in an orderly fashion. She sells for cash and also has a few merchandise credit accounts among her best customers which grow more every time.

At present her working capital is insufficient to make this investment which is why she’s calling on a Kiva loan, her first financing with Fundación Mario Santo Domingo, to make all the investments mentioned above. Her loan will be effective because she’ll be able to add a service that has high customer demand and generates cash immediately. In addition, she’ll add stationery supplies which will diversify her offer and it’s also a type of product that sells for cash and that she will be able to organize from the get-go in her beautiful new display case where she’ll be able to create an impact each season like the upcoming one when the Day of Love and Friendship is celebrated which is one of the year’s most profitable when sales increase.

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Translated from Spanish by Kiva volunteer Polliz

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