A loan of $550 helped purchase tools and supplies for work (hair straightener, shampoo, conditioner, hair treatments, nail polish).

Lucy Preciosa's story

Lucy, 33 years old, is a single mother of a 12 year old son. Due to lack of career opportunities, she went through a difficult financial time as she did not have the resources to bring money home. This motivated her to take advantage of the lack of service offerings in this sector. She decided to start working as a stylist, brushing hair, cutting hair, and giving manicures and pedicures. She works out of her house or at her clients' homes, depending on their preferences. At first, she had to purchase her supplies in small quantities as she did not have the capital to purchase them wholesale. This allowed her to begin to get ahead and earn the income necessary to satisfy the basic needs of her household.

She is a hardworking and active woman with an eagerness to advance, which motivated her to request this loan. She wishes to invest the loan in the purchase of supplies and tools for her work (hair straightener, shampoo, conditioner, hair treatments, nail polish) with the goals of continuing her work and offering her clients better service, and in so doing increase her income.

Lucy dreams of opening her own beauty salon where she would be able to offer a more comfortable setting and better service to her clients, and also give her the opportunity to employ others. This will also allow her better financial stability so her son can have an excellent education and better quality of life.

Translated from Spanish by Kiva volunteer Roberto Henry

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