A loan of $1,125 helped to purchase shoes and silver jewelry.


Carmen Segunda's story

Carmen is 49 years old and works selling shoes and silver jewelry in the town of Palmar, located in the department of Atlántico, where she lives with her spouse and their three children, who are ages between six and eighteen. She used to work as a domestic and was able to save up money little by little and invested in some merchandise. She gradually built her customer base, which is now well-established. She makes her sales on credit and works out one-month repayment terms with the buyers.

She has twice received financing from Fundación Mario Santo Domingo. This organization has helped her grow and increase her and her family's wellbeing. There is currently a market demand to which she can't respond with the returns on her sales, because that money wouldn't be enough to satisfy it. That is why she is requesting a Kiva loan. She will use this financing to purchase shoes and silver jewelry, especially since Christmas and New Year's Eve are approaching and her customers have already placed orders in order to dress up for the holidays, which they want to enjoy with their families.

Translated from Spanish by Kiva volunteer Mariana Sanchis



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