María has been owning and running her tortilla sales business for more than thirty years. She decided to get into the business since it's a food that can be sold every day and one that provides good profit margins. She does her sales very close to her house. The money from this loan will be invested as working capital for her small business. She will buy corn and firewood. María intends to expand her production and have better sales.
María hopes to one day buy a bigger kitchen so that she can make many more tortillas. She wants her business to keep being profitable as time goes on.
María es propietaria de una venta de tortillas desde hace 30 años; ella decidió dedicarse a este negocio tomando en cuenta que es un alimento que se vende de forma diaria y que se obtiene un buen margen de ganancias, la venta de tortillas está sumamente cerca de su casa.
El dinero lo invertirá como capital de trabajo para su pequeño negocio. Ella comprará maíz y leña.
María tiene la intención de incrementar su producción y tener mayores ventas.
María quiere comprar una cocina más grande para hacer muchas tortillas. Ella desea que su negocio siga siendo rentable a medida pasa el tiempo.
More information about this loan
This loan is designed for rural women in El Salvador. Loan amounts are much smaller than average and the field partner is not requiring any guarantee for this type of loan. The goal is to support businesses that will enable women to work from their homes or start flexible businesses, as many of them are single mothers and are the sole caretakers for their families. Women who receive this type of loan also receive training on entrepreneurship, business management and budgeting.
About CrediCampoThis loan is administered by CrediCampo, a Kiva Field Partner in El Salvador. CrediCampo seeks to improve the lives of rural communities and their families in areas including health, education, basic services, and infrastructure. Through its Community Development Unit, CrediCampo provides scholarships, leadership development training, and financial education programs for families in rural areas. CrediCampo’s work is crucial in addressing the issue of poverty in El Salvador. Based on 2009 estimates, 37.8% of the population lives below the poverty line. To learn more about CrediCampo and their work, visit their partner page.
About El Salvador
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