A loan of $1,125 helped to buy rice, oil, coffee and sugar in larger quantities.

Luz's story

Luz is 41 years old and lives in the city of Cartagena with her husband and three children, aged between 16 and 20.

Eight years ago, when Luz had nothing to do, she came up with the idea of setting up a shop in the neighborhood. This was to sell supplies, food and other household goods in small amounts so that her customers could buy items every day.

Little by little, her business grew, and she eagerly went to the Mario Santo Domingo Foundation to request a loan. After this, it grew even further. Today, she has received two loans which have increased her working capital, and through persistence and discipline she has managed to make improvements to her home and give her children an education. She has used her funding to increase the range of products she offers to her customers, in turn earning a larger profit.

Today, her profit never falls below 22% and she rotates her stock every two days. Because of her dream of prosperity for this business entity, she is requesting a loan from Kiva to buy rice, oil, coffee and sugar in larger quantities, in order to get discounts. In addition, these are her best-selling products, and since it is the end-of-year period, when they are consumed in greater quantities due to Christmas and New Year, her investment will be very successful.

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Translated from Spanish by Kiva volunteer Chloe Pilpel

Loan details

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Loan details