100%

funded

Total loan: $300

Maria Teresa

, , El Salvador / Retail

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A loan helped to purchase a greater variety of fruit, corn, sugar, rice and other staple goods to have for sale in the store.


Maria Teresa's story

María is requesting another loan so she can reinvest in her business and also because the Institution offers good service and reasonable payment plans for her financial situation. The loaned funds will help her to purchase a greater variety of fruits, corn, sugar, rice and other staple goods to have for sale in her store.

The previous loan helped María to expand her business's inventory, which has been a help in improving her sales and her income. Thanks to the new profits her business has earned, María was able to change out her kitchen floor. Her old floor was earthen; the new one is made from cement. Additionally her family's standard of living has improved.

María's family unit has changed since her previous loan as she recently became a grandmother. María's daughter had a baby, who is also financially dependent on María. María's financial situation is stable, and so she is able to cover her family's expenses.