A loan of $875 helped to purchase cosmetics, footwear, clothing, and plastic products etc.

Mercedes Gregoria's story

Mercedes Gregoria is a married adult with three adult children. She is originally from the municipality of Chinandega, which is located in the western part of the country. She is known for being a hardworking and responsible woman with a strong desire for self-improvement. She is also a small business owner who makes her living in the marketing of general merchandise such as clothing, footwear, cosmetics, photo enlargements, kitchen utensils, and plastic products, etc.

She does her purchasing in other parts of the country and with the wholesale distributors in the municipality of Chinandega. She sells this merchandise as a walking salesperson often selling on credit. She has three people who are responsible for distributing goods in rural areas as well as some urban areas. She started her business with her own capital, which has gradually been able to increase her demands. Today she wants to build an annex for new businesses that she will gain in the near future. The purpose of this funding is to invest in working capital in her business for example: cosmetics, clothing, footwear, plastic products, etc. so that this month's sales are high enough to allow her to grow her clientele and income and help her improve her home and add more product lines to her business.

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Translated from Spanish by Kiva volunteer Jarryd Widhalm

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