A loan of $800 helped to buy merchandise for supplying her store.

Margarita's story

Margarita is 47, and has a 28-year-old son. She sells basic household necessities in her neighborhood store located in the Villa Fatima area. This loan is her first with the institution. She is going to use this loan to purchase merchandise for stocking her store.

Her reason for requesting this loan is the back-to-school season, as her store is located near a school and that's when her sales increase. She needs to stock up on merchandise, by buying school supplies such as notebooks, paper and pens.

Margarita faces challenges in her business such as competition, as there are various similar stores in the area and on the same street where her business is. She is going to use the profits to purchase more merchandise for stocking her store and to continue growing more each day.

Her wish for her business is to continue selling and to have a larger and better-stocked store. This way she will be able to make her business grow.

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Translated from Spanish by Kiva volunteer Jeff Goldie

Loan details

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Loan details