A loan of $1,675 helped to buy clothing, shoes, and electrical appliances.

Margarita Rosa's story

Margarita, 43, is a married woman who has two children, ages 13 and 21. She dreams of seeing them become successful professionals. Her husband has sponsored her undertaking because his savings provided her first seed capital. This way Margarita was able to give free reign to her entrepreneurial and business aptitude, because since her grandparents there's a tradition of being merchants.

She started her business selling clothing to her neighbors. Little by little this grew and she brought together a lot of customers. Today she sells not only clothing but every type of electrical appliance they request.

In her seven years of experience with her business she has managed to save to build her house and has helped her husband support the household. She makes her sales on credit every day, while she makes her purchases in cash in wholesale warehouses. She works from 7 in the morning until 7 at night every day. Her business goal is to open a store where she can offer a variety of products to her distinguished customers and earn the market of potential buyers around her.

Currently she's applying for a Kiva loan, her first financing from Fundación Mario Santo Domingo. With it she'll buy clothing, footwear, and electrical appliances for the requests her customers have made.

This is the Christmas and New Year season and there's disposable income among the families who buy from her. Thanks to getting a Kiva loan she'll make the most of this situation by having everything her customers need.

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Translated from Spanish by Kiva volunteer Catharine Wall

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