Total loan: $275
San Martín, San Martin, Peru / Retail
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A loan helped Buy rice, cleaning products, and soft drinks.
Yolith belongs to the "Heart of Jesus" community bank. She lives at Elgiba Ramírez S/Nº- Caserío de San Isidro in the San José de Sisa district of San Martín province. Yolith is 40 years old and married. She has three children, two of whom still depend on her economically. With help from her husband, Yolith invested 300 Soles in her own business. She owns a grocery store, which is located in her home. Her principal clients are her friends and neighbors. With a loan of 800 soles Yolith will invest in more products to supply her store. She'll buy sacs of rice and sugar, toiletries, cleaning products, packets of soft drinks, and various products to keep her clients happy. She'll repay the loan in four months. Yolith makes the decisions on how to spend the income from her business. Personally, she feels more independent, safe, and responsible with her loan repayments. Yolith would like to thank Manuela Ramos for allowing her to grow as an entrepreneur and as a woman.
Translated from Spanish by Sarah Bishop, Kiva Volunteer