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Tereza
Tereza is a talented cook and hardworking mother who came to the United States from Ecuador to create a more prosperous life for her family. This will be her fourth loan from Grameen America to support her ambition of cooking and selling traditional Ecuadorian food. Tereza used her first three loans to successfully grow her food cart business, where her most popular dishes include chicken, potatoes and empanadas. Tereza will use her latest Grameen America loan to acquire space and purchase inventory to open a grocery store. Running her own store will not only help Tereza earn greater profits, but it will also allow her to work regular Monday through Friday hours, instead of working all weekend like she does at the food cart. This is especially important given how devoted Tereza is to her four children and her nine nieces and nephews.

About United States

  • $54,800
    Average annual income
  • 21
    View loans »
    United States Loans Fundraising
  • $12,059,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Tereza to purchase inventory and the rent space she needs to open a grocery store.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 7, 2011
Listed
Apr 11, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 20, 2011