Funded

Total loan: $800
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María Carmen Silvia

Colombia
Medellín, Colombia / Bookstore

A loan of $800 helped to buy merchandise wholesale (textbooks, literature, novels, and more).


María Carmen Silvia's story

María is 39 years old. She is the single mother of 3 children and a head of household. During her productive life she has worked as an independent merchant. She started by selling different products as a street vendor in the city streets. She learned that activity from a friend who also did that kind of work. Fourteen years ago, the opportunity came up to have a locale in a hallway full of retailers in the city center. It is very well known for the sale of a wide variety of books of all types. She has been selling this type product since then. She only works Monday through Saturday from 8:00 a.m. to 6:00 p.m. and in this way she generates enough resources to fulfill her family's needs, since all of the financial responsibility is on her. In her works she finds that there is an advantage in not having to be accountable to other people and that she can manage her own time. However, she faces the disadvantage that she doesn't have the benefits of social services. Right now, she is asking for the loan to invest in buying merchandise wholesale (textbooks, literature, novels and more) to stock up enough to fill the end of the year demand and the next school year. This is when her sales increase, generating more profits and income. María says that her main interest is being able to make her dream come true of having her business in a better locale, because right now she is on the second floor. Sometimes that is inconvenient for selling books. Nonetheless, she keeps fighting tirelessly because she aspires to seeing her children graduate from college and become honest and successful people.

Translator profile picture

Translated from Spanish by Kiva volunteer Ellen Donohue



Loan details

Loan length:

15 months
Disbursed date: October 29, 2013

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: October 29, 2013