A loan of $600 helped to buy inventory such as cosmetics, hair products, and underwear..


Nellys Leonor's story

Nellys, 39, has been selling brand specific and other catalog merchandise for the past year to increase her income. As a single mother head of household, she must support her family, in particular her 20-year-old son. She offers sales on credit, though she purchases in cash. Her main items are cosmetics, underwear, and clothing.

Her goal is to have her own store and improve her family's situation. She is applying for a Kiva loan, her first with Fundación Mario Santo Domingo, to buy inventory such as cosmetics, hair products, and underwear. The loan will be successful because she will purchase directly from the manufacturer, thereby avoiding the middleman and higher consumer prices.

Translated from Spanish by Kiva volunteer



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