A loan of $500 helped to buy notebooks, pencil cases, erasers, backpacks, and school uniforms.

Rosa Argentina's story

Rosa is an unassuming woman of 53. She is from Managua, and is a married mother of three sons aged 19, 27 and 30 respectively. A shop-keeper by trade, she is the owner of a local grocery store. Beginning in the field of trade 5 years ago with a capital of C$ 2,000, money which she had saved, she could buy all the products necessary to make up the inventory of her store and to do well with her business. This generates daily earnings, she has regular customers, so with the profits her business generates she wants to convert her grocery store into a convenience store, to satisfy the needs of her customers. She expects to expand the business.

She needs the funding to buy notebooks, pencil cases, erasers, backpacks, rulers and school uniforms, as the time of the school year is approaching when sales are very high, with the objective of increasing her sales to make higher profits. Her future plans are to expand and keep investing in her business. One of her next goals is to establish another business, such as selling food.

Translated from Spanish by Kiva volunteer Alice Kilpatrick

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Loan details