A loan of $1,675 helped purchase data, voice, and internet plans, as well as cell phone equipment and accessories.

Consuelo's story

Consuelo has a business where she sells electronics such as cell phones, cell phone accessories, memory, and general merchandise, as well as telecommunication services such as phone calls and adding cell phone minutes. The idea for her business came out of the need to support her family.

Her business is located directly in her home, where her two children, ages 20 and 37, live. Her main customers are neighbors and users of the telecommunications services. They come by her house, make a phone call, and continue on their way. Consuelo, in her 7 years of experience in this line of work, has had 4 loans with the Mario Santo Domingo Foundation. The loans have helped her organize the legal and administrative aspects of her business and improve the structure and the way she attends to customers. One of her main goals is to continue growing her business, and later on, have her own location and her own house. One of her biggest challenges is being a female head of the family. Making ends meet is not easy, but with perseverance and constant effort, she manages.

Currently she is applying for a new loan that will be her first Kiva loan. She will invest it in data plans, voice plans, and internet, selling cell phone equipment, accessories and merchandise in general. The investment will allow her to do exactly what she needs to do, which is improve the business by improving coverage for customers and increasing working capital.

Translated from Spanish by Kiva volunteer

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Loan details