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Margarita
Margarita is 78 years old and married to Armando who is an agricultural worker. They have five children but only their youngest is still studying. Ana Erendira is in the fourth year of a law degree. The other children are all married. Margarita has been making and selling bread for more than 30 years.

Margarita tells us that she decided to start working in this business because her mother was in the same business and she taught her very well so that she could support her husband a little with the household expenses and help pay for their children's education. She has also managed to improve her financial situation and her quality of life.

Margarita invested the loan that she received in buying more supplies for making bread such as flour, eggs, sugar, 'piloncillo' (unrefined whole cane sugar), butter, bicarbonate, dyes, cinnamon, yeast, firewood, etc. She says that one of the goals she has for her business is to grow it a lot as she would like to build premises for her bakery so that she can improve and increase her profits and continue supporting her daughter in her studies so that she can finish her degree.

Margarita is very grateful to Fundación Realidad and Kiva lenders for all the support that they give her because it has meant that she now has a better business and a better standard of living.
View original language description ↓
L. señora margarita cuenta con 78 años D. edad, está casada con el señor armando quien es campesino, tiene 5 hijos D. los cuales solo L. menor estudia, Ana erendira está cursando el 4 año D. L. carrera en derecho, ya que los demás todos están casados, se dedica a L. elaboración y venta D. pan desD. hace mas D. 30 años.
Dice que decidió iniciar con esta actividad, por que su madre se dedicaba a esto y le enseño muy bien, para así apoyar un poco a su esposo con los gastos D. L. casa y a sus hijos con sus estudios, también así hacerse D. una mejor solvencia económica y calidad D. vida, el crédito que recibió lo invirtió en L. compra D. mas insumos para L. elaboración del pan como son: harina, huevos, azúcar, piloncillo, manteca, carbonato, colorante, caneL., levadura leña, etc.
ElL. dice que una D. las metas que tiene para su negocio, es L. D. hacerlo crecer muchísimo, ya que quiere construir un local, para poner su panadería, así mejorar e incrementar sus ganancias, y poder seguir apoyando a su hija con sus estudios, para que pueda terminar su carrera.
Esta muy agradecida con fundación realidad y los donadores D. kiva por todo el apoyo que les están brindando, ya que gracias a eso ahora cuenta con un mejor negocio y nivel D. vida.

About Mexico

  • $15,600
    Average annual income
  • 14
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 14.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Margarita to buy more supplies such as flour, eggs, sugar, 'piloncillo' (unrefined cane sugar), butter, bicarbonate, dyes, cinnamon, yeast, firewood, etc.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2011
Listed
Oct 7, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012