A loan of $1,800 helped to buy new cell plans and recharges and to pay for her daughter's semester at the university.


Mercedes's story

Mercedes, age 49, lives with her husband. They have four children between the ages of 16 and 30. She started her business when she left Buenaventura, the most important seaport in the Pacífico Colombiano region. She arrived in the city to look for better ways of living peacefully and productively for her family.

Mercedes had acquired store experience in her native land. Once she moved to Barranquilla, she took it up again. She turned it into her way of generating income. She was supported by her family, and she was very well-received.

Her goal is to manage complete sustainability in her business. To do so, she needs to grow at the same rate as her clientele. However, she does not have enough inventory to respond to her customers with the merchandise that turns over the most.

This is exactly the reason she turns to a Kiva loan. This is her second loan with the Fundación Mario Santo Domingo. With the previous one she bought groceries, snacks, and vegetables in greater volume in order to get discounts. This capitalized her business a little more. Now she will look to make it more profitable because she has added cell phone plans and recharges, which means a new income for her.

She intends to use part of her Kiva loan to strengthen her communications business by adding new cell plans and recharges. This is exactly what she will do so that her Kiva loan will be potentially successful. This is because it will gradually impact the growth of her store with a new service. She will use the other part of her loan to pay for her daughter’s semester at the university.

This is why Mercedas says to her lenders, “Thank you for the support. In my situation of not being from this place, I am managing to get ahead with my family, and this is thanks to Kiva.”

Translated from Spanish by Kiva volunteer Ginny Kalish



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