A loan of $650 helped to buy silver and costume jewelry of various stones and colors.

Lilibeth Maria's story

Lilibeth, 22, lives in a municipality inside the Atlantico district with her husband and small one year old daughter. To increase her income, her mother-in-law proposed taking up a commercial endeavor and Lilibeth excitingly accepted by investing some capital in costume jewelry. Little by little her business has grown and today her main products that she offers are a variety of silver and costume jewelry that she buys in the city center. There she finds the items at good prices that she can sell to her customers either on credit or in cash.

Lilibeth works from 8am to 6pm distributing the jewelry pieces amongst neighbors and friends. They in turn provide more references and as she is ready to grow her customer base, she must overcome the challenge of having enough cash available to buy more products and expand her market. For this reason she is asking for a credikiva, the first loan provided by la Fundacion Mario Santo Domingo. With the loan she will buy silver items and costume jewelry of various stones and colors so that women can wear them on their neck, head, hands and clothes and feel happy due to their elegance. Looking good will also make them want to come back and buy more.

Her goal in the future is to have her own store where she can offer her products and increase the wellbeing of her family by working on achieving permanent sources of funding to leverage such as KIVA’s.

Translated from Spanish by Kiva volunteer Cory Garrett

Loan details

Lenders and lending teams

Loan details