Funded

Total loan: $625
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Rosemary


A loan of $625 helped to buy cardboard, pencils, pens and other stationery items.


Rosemary's story

Rosemary works every day from 7 am to 9 pm in order to support her family’s wellbeing. She helps her husband with the daily sustenance, and together they want to make their dream come true: to give their daughter access to higher education so that she can be successful in the future.

Rosemary is not employed, but she runs a business at home selling varied supplies, such as stationery, imitation jewelry, perfumes, shoes and other items that her customers might order. She opened her store six years ago and with discipline, and good and timely service she has been able to keep it going. Rosemary buys increasingly large amounts because her customers are hooked. She carefully follows the stock levels of those items that have a faster turnover in order to buy them on time. Stationery items, for instance, are constantly sought after, so she must keep them in stock.

This is why she is requesting a credikiva to Fundación Mario Santo Domingo for the first time. She will buy cardboard, pencils, pens, notebooks, tempera paints, paper sheets, pencil sharpeners and covers, among other things. With this investment, she hopes to expand her working capital, make her purchasing process more flexible and improve her bargaining possibilities, which will benefit her loyal customers and result in new and continuous sales.

Translator profile picture

Translated from Spanish by Kiva volunteer Santiago Mejía Dugand



Loan details

Loan length:

11 months
Disbursed date: February 18, 2013
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

11 months
Disbursed date: February 18, 2013
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)