Total loan: $1,000

Iris Griselda

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, , El Salvador / Food

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A loan helped to purchase a greater variety of bread and also to get catalog products and to do maintenance on her vehicle.

Iris Griselda's story

Iris lives with her spouse and their two children. The children's ages are 5 and 3 years old, they are both financial dependents. She does not have relatives who live abroad.

Iris works reselling bread and also sells products from catalogs. She has had the business reselling bread for 2 years and she began selling products from catalogs 3 years ago. Before having her own businesses, she had a job.

Iris explains that she promotes the sale of catalog products on social media and she does the bread reselling with her spouse. They go out to sell in their vehicle in two shifts, the first from 6:00 am to 9:00 am and the second from 3:00 pm to 5:00 pm. Her advantage is that she already has a well-established customer base. She undertook the business at her own initiative.

The loan she requests will serve her to have working capital which she will use to strengthen her business. She will purchase a greater variety of bread and also get catalog products and do maintenance on her vehicle.

The investment will help her to capitalize her business and to increase her earnings. In addition, it will improve her means of transport that she uses to do her business. Her aspirations are to grow her business and have a stable source of income which will allow her to give her children a better life.