Total loan: $800

Melba Milagro

, , El Salvador / Retail

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A loan helped to buy a wider range of merchandise for her corner store.

Melba Milagro's story

Melba lives with her husband and their 24-year old daughter. She has other relatives living and working abroad. She has owned a corner store for 15 years and sells the everyday products that local people need. She opens the store, Mondays to Sundays, from 6:00 a.m. to 7:00 p.m.

Melba is applying for a loan that she will use to buy wholesale supplies of drinks, snacks and a wider range of merchandise than she carries now. Competition from similar businesses is her most serious challenge and this investment will provide her with greater buying power and ensure that she can compete with other stores.

When we asked Melba about her plans for the future, she told us that she would like to open another store and that the business become more widely known in the neighborhood.