A loan of $1,225 helped to buy stock merchandise for her store.

Maribel's story

Maribel, 34, is from the municipality of Wespam. She’s married and has seven children all of which attend school. She sends stipends for her oldest daughter’s support who is attending university in Managua.

She opened a store at home three years ago with support from her husband. She was able to start out with a little merchandise consisting of half a dozen pants, a dozen shirts and half a dozen shoes.

Aiming at improving her business, she decided to request financing from Pana Pana and it was approved. She used it to improve her business’ condition; she bought display cases, storage and shelving and set up her own locale for the store.

She’s currently applying for a new loan to diversify her stock merchandise. She will buy it in the capital and will sell it to the public at affordable prices.
She wants to continue supporting her children, especially her eldest with her university studies in the capital. In future, she hopes to buy and sell cosmetics via catalog.

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Translated from Spanish by Kiva volunteer Polliz

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