Funded

Total loan: $650
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A loan of $650 helped to buy purses, men's shoes and clothing for women.


Gladys's story

Starting when she was a child, Gladys accompanied her father during his commercial activities. She learned all that she knows today from him regarding sales, lessons that serve her well today and generate revenue from selling clothing, shoes and accessories. Her idea for the business began 28 years ago and still has not stopped and it presents important potential for growth today.

Gladys's customers are women and men who are her neighbors and others referred to her by them. She makes her sales on credit through small installments and works Mondays through Saturdays from 7 in the morning to 7 at night. Her most important goal is to have a store in which to offer all of the items that her clients request so she can satisfy their needs, desires and interests, while she earns money. Today she is seeking a loan from Kiva, her first financing through Fundación Mario Santo Domingo, to buy purses, shoes for men and clothing for women that have been ordered by her customers. With this investment, she will increase her working capital and will have more cash on hand to make purchases of items at good prices which will increase her volume while meeting the requirements of her buyers. This is what makes her investment exciting.

Translated from Spanish by Kiva volunteer Emily Hildreth



Loan details

Loan length:

15 months
Disbursed date: March 27, 2013
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: March 27, 2013
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)