A loan of $800 helped to purchase underwear, shoes, perfumes, and household items.


Veris's story

Veris is 53 and has sold clothing and various goods for 33 years. Her aunt helped her set up the business when she was just 20 years old. Veris and her husband have three children, ages 15, 21, and 24. The income from Veris's business, together with her husband's earnings, allow the couple to meet the family's expenses.

Veris sells under and outerwar, shoes, and a great variety of household items that her customers request. She sells her merchandise four days a week, for cash or on credit, and is always adapting to the market. Veris buys her inventory from the specialized companies in each product line, usually paying cash, but sometimes buying on credit.

Veris's goal is to keep strengthening her business in order to increase her investment. Her major challenge is to increase her income so that her children will be able to have professional careers and opportunities to succeed. Veris's capital is currently insufficient for the larger purchases she needs to make ahead of the Christmas and New Year's holidays. She has therefore applied for a Kiva loan, the first financing she's requested from the Mario Santo Domingo Foundation, that she will use to purchase underwear, shoes, perfumes, and household items. This investment will result in more working capital, more customers, higher sales, and greater profits, all of these adding up to a successful Kiva loan.

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Translated from Spanish by Kiva volunteer Stephen Volante



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