Funded

Total loan: $550
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Madelis


A loan of $550 helped to buy a greater quantity of purses and wallets.


Madelis's story

Madelis sells purses and wallets that her friend brings from a country near Colombia. She sells these products on credit, working daily from 8:00 to 6:00 in the evening, serving the customer base that she has been growing since she started this business in 2009. Her friend suggested that Madelis serve as a distributor and when she accepted, she did not expect such great success. Currently, she buys the products wholesale in cash to sell them to referred friends and neighbors in the neighborhood where she lives.

Her future goal is to import the merchandise that her clients ask for directly so that she can earn more and remodel her home. Her greatest challenge is to create a loyal clientele with good products, prices and customer service. She is now applying to Credikiva, the first request she has made of the Fundacion Mario Santo Domingo, with the goal of purchasing a larger quantity of purses and wallets so that she can increase her sales and offerings, thus improving her business.

Translated from Spanish by Kiva volunteer Cassie Castillo



Loan details

Loan length:

27 months
Disbursed date: July 30, 2014
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams




Loan details

Loan length:

27 months
Disbursed date: July 30, 2014
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)