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Rosa Luz Sanchez

City: Cucuta Country: Colombia Loan Use: To re stock the business.
Loan Term: 40 Date Posted:  First Repayment: June 13, 2019
Opportunity International Client Rosa Luz  Sanchez

Rosa Luz Sanchez is an entrepreneur living in Cucuta, Colombia, with her husband and their three children. She says she's been an innovator as long as she's been alive. Most recently, she opened both a beauty salon and a general goods shop. Rosa Luz's two businesses provide for her family's needs. Despite her hard work and creativity, she sometimes struggles to re-stock her products. Rosa Luz sought a financial boost to keep her businesses going. A friend told Rosa Luz about Opportunity International and encouraged her to join the organization. She partnered with Opportunity and after completing financial literacy training, received her first loan. She invested the loan into her general goods shop and purchased large quantities of inventory. Buying in bulk has decreased Rosa Luz's supply costs, and she's stabilized her business model. She is excited to report that her shop has grown and attracted many new clients. It makes her happy to support her family financially. Rosa Luz's dreams are to expand her business and support her community.

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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