A loan of $1,125 helped to buy earrings, chains, rings and bracelets.

Olivia's story

Olivia, 38, sells imitation jewelry in steel and silver since 1998, when she started working in an imitation jewelry store. She worked there for four years but was at the same time selling on her own, which made it possible for her to become independent when she left the company.

Today, Olivia works by pre-selling every day and she knows very well which are the best seasons for investing: May, September and December. These months are when she has the challenge of gathering the money in order to buy in bulk and take advantage of the good discounts, but she does not manage to gather enough. This is why she is requesting a credikiva, the first loan she requests at Fundación Mario Santo Domingo, and she will buy earrings, chains, rings, and wrist and ankle bracelets.

With the loan, she will make the most of the upcoming high season by impressing the customers she already has and attracting new ones. This will increase her working capital and will assure new income to pay for her home expenses.

Her customers are mainly shop owners, and she frequently visits them in their shops, which are located in shopping malls, in order to display her products and increase her sales. Her attitude gives a sign of the potential success she will have with her credikiva. Her next goal is to formalize her business and get the fiscal identity number. In the future, she wants to have her own establishment and continue to work in order to attract more customers.

Translator profile picture

Translated from Spanish by Kiva volunteer Santiago Mejía Dugand

Loan details

Lenders and lending teams

Loan details