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1 person is supporting Mayra Alejandra Alvarez Garcia

Mayra Alejandra Alvarez Garcia

City: Barranquilla Country: Colombia Loan Use: To re stock the business
Loan Term: 40 Date Posted:  First Repayment: April 17, 2019
Opportunity International Client Mayra Alejandra  Alvarez Garcia

Mayra Alejandra Alvarez Garcia is a hardworking entrepreneur who lives with her husband and daughter in Barranquilla, Colombia. To help financially support her family, Mayra opened up a beauty salon in her village where she provides her clients with nail and hair services. However, Mayra found it hard to keep her salon stocked on the small profit she was making. Mayra was concerned that if she couldn't expand her business, she would have to close her salon. Everything changed for Mayra when she heard about the loan and financial training she could receive from Opportunity International. With her loan, Mayra was able to purchase her inventory of beauty products and supplies in bulk at a lower cost. This allowed her to serve many more customers without running out of supplies. Mayra is excited that this business growth has allowed her to be more economically stable in her business and easily provide for all of her family's daily needs. One day she would like to open up another beauty shop in her community, so that she can increase her clientele and provide an even more secure financial future for her family.

Frequently Asked Questions

How do entrepreneurs become Opportunity International loan clients?

Opportunity International conducts interviews with prospective clients to get a better understanding of their situation, so we can construct a loan that’s tailored to their needs and capabilities.

If I help fund a loan, should I expect to be paid back?

When you help to fund a loan, you are making a donation to Opportunity International. When those funds are repaid by the client, the funds remain in the country where the original client’s loan was disbursed, so that it can help fund more loans. Your initial gift continues to have an impact after the first loan is repaid.

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