A loan of $450 helped to buy steel and silver costume jewelry.

Beatriz's story

Beatriz, 31, is a widow and mother of three children. She decided to start her own business venture encouraged by a girlfriend who is a merchant and wholesaler of various articles. In order to fulfill her obligations as a woman who is head of household, she started selling varied merchandise at retail among customers located around her neighborhood and to friends and referred customers mainly employees who work in firms and whose salaries are insufficient for them to pay cash for the items Beatriz sells and their families need like steel and silver rings, charms and chains with stones. She sells daily on credit and often for cash; she works from 8 in the morning until 7 at night. Her clientele has been gradually growing and she four years’ experience tells her that she must apply for a loan in order to expand the volume of her sales.

This is why she’s called on Fundación Mario Santo Domingo where she’s had one previous loan that helped her increase her buying capacity and her number of customers. This is the reason behind her applying for a Kiva loan, her second loan from this organization, that she’ll use to buy costume jewelry, steel and silver accessories, that sell very well during the year’s second semester which is when the end-of-year parties approach and people want to look very elegant.

Her goal for later on is to become a wholesaler of these products and to supply many variety stores that she’s already making initial contacts with. Her experience and her capacity to make her dreams reality are the most important strength her business can rely on to make her Kiva loan a successful investment.

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Translated from Spanish by Kiva volunteer Polliz

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