Total loan: $350
Lambayeque, Lambayeque, Peru / Retail
Teodolinda's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped Buy more products to expand her business.
Teodolinda, 40, lives with her husband and the last of their five children in the Las Dunas sector in the Lambayeque district. It is located 20 minutes from the city of Chiclayo. Due to the fact that her husband works occasionally as a bricklayer, and what he receives is not sufficient to cover the family expenses, she decided two years ago to open a convenience store in her house. The store supports her family economically. She tells us that she previously had a small convenience store, but she fell ill and had to close it. Now her business is growing again, and she has started to sell vegetables, fruits, basic needs items, and groceries. Teodolina is planning on expanding her business, but she does not have sufficient capital to do so. That is why she has seen the need to ask Edpyme Atlernativa, for the first time, for a loan for 1,000 PEN. She plans to invest it in order to reach her objective. She plans on continuing to expand her business and renovating her house with the earnings she receives. Teolinda is a fighter, and she always tries to get ahead in spite of difficulties.
Translated from Spanish by Ginny Kalish, Kiva Volunteer