Total loan: $1,500

Yesica Arely

Flag of El Salvador
, , El Salvador / Retail

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A loan helped to purchase the store products in bulk, as well as the raw materials to make the food she sells.

Yesica Arely's story

Yesica is single. She has a daughter who is only 5 years old. She lives with her daughter in a houses she owns. Yesica has the responsibility to raise her daughter alone, since her father does not help her with food payments. Yesica has as a business managing a store with staple products. In addition, she makes free range chicken tamales and pupusas. She learned the trade with the help of her mother.

Yesica almost always tends the business alone and her younger sister sometimes helps her. She opens the business from 7:00 am to 7:00 pm. She also makes the tamales and sells them, while she sells the pupusas on the weekends.

She has decided to ask for a loan to strengthen the inventory of her businesses. The borrowed funds will serve her to puchase basic grains, flour, pork rinds, beverages, firewood, plantain leaves, vegetables, etc., both to sell them as well as to make the pupusas and tamales to sell.

She expects that the loan will help her to purchase the store products in bulk, as well as the raw materials to make the food she sells since, in this way, her costs will be reduced and in the end her earnings will improve. By managing to have financial stability, she will be able to pay for all her basic household necessities.

Yesica's dream is to grow her business, increase her number of customers, and pay off the acquired debt with a good credit history, so in the future to be able to have access to more financial help.