Luz Maximiliana

Thank you for your loan. It has been disbursed to Luz Maximiliana by Fundación Agrocapital in Bolivia. We are excited to watch this business grow. Over the next 12 months, Fundación Agrocapital will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

The credit that was granted to Luz allowed her to supply and to increase the products that she was offering in her shop. For consequence this generated major income and better quality of life. Luz did not have problems in the payment of her quotas since she did not register any day of lag. Luz's patrimony is growing thanks to the credits to which she acceded in our institution.

When I went to visit Maximiliana today, she wasn’t in, so I talked to her husband Felipe instead. Unfortunately, her mother fell sick suddenly so she had to make an emergency trip to a village about eight hours away. It’s rare for her not to be at her store, since she usually never closes shop, her husband told me. (Her house is right next door to her store.)

Maximiliana has a very well-stocked little store that sells soft drinks, beer, cookies, bread, cosmetics, perfume, paper, pens, detergents, public telephones—basically anything that one might need from a corner store! She used her loan to buy a greater variety of products for her store. She was one of the first people to open a store on this street, but since her business started to succeed some competing stores have opened up. Though there is considerable competition now, her store is still one of the best in the area, and she has lots of clients.

With the profits from her business, Maximiliana bought a plot of land next door to her house, and she plans to take out another loan to build a two-story home on it for herself, Felipe, and her son. Her other adult child works in Spain.

This is a picture of Felipe in front of the lot they just bought, on which they plan to build a new home.

If this entrepreneur interested you, consider lending to more AgroCapital clients here.