Dolores lives in a tiny rural village in Los Alcarrizos yet business at her small store is very busy. Her store supplies the day-to-day necessities for everyone in her village since traditional grocery stores are too far away and too expensive for many people in her community. Her store, called a colmadito, is an 8-square-foot wooden building on the siD. of the road that sells household items, non-perishable food, and refrigerated products. This new loan will help her to purchase more merchandise in high-demand to adequately proviD. for her growing customer base. The increase in profits will help Dolores improve the standard of living for her two children, ages 10 and 18.
NOTE: Dolores is a member of the group called "La Fe" (Faith), along with four other entrepreneurs. They will be accountable to one another for paying back this loan of $750. This group-lending method requires group members to help one another throughout the loan repayment process. Loans are paid back as a group. If one person is deficient on their loan, the group must make up the difference. Everyone in Dolores’ group has gone through Esperanza's training and shown themselves to be responsible and committed to paying back their loan in order to proviD. for their families.
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