A loan of $625 helped working capital.

Jacinta Del Socorro's story

Ms Jacinta Del Socorro T. is 51 years old, single, and has a 20-year old daughter still dependent on her, who has recently studied public accounting. She wants to improve her financial situation and help her daughter pay for her studies as her daughter does not earn enough to pay for them. For this reason, Ms Jacinta helps her daughter as much as she can. Ms Jacinta also proposes to continue with the business as it is generating income for her family and she wants to be active and this allows her to improve her quality of life and provide a better future for her children.

She sells a variety of merchandise, such as perfumes, creams and talc. She started this business to improve her standard of living and thought of selling to her colleagues. She decided to sell cosmetics as it would be easy for her to distribute the products because she is also a teacher. That is how she started her business, which her daughter will later help her with. The financing will give her working capital to extend the range and variety of products she offers, as well as different name brands, such as Avon, which she would be able to purchase in greater quantities, to generate more income.

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Translated from Spanish by Kiva volunteer L K

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