A loan of $400 helped buy supplies for food business.

Monica Elizabeth's story

Sra. Monica Elizabeth M. C., 35, lives in the Peruvian "departamento" of La Libertad. She started high school, but didn't finish. She has 5 children, two of whom still live at home. Monica Elizabeth earns a living making tamales with her mother. Her father is responsible for going out in neighborhood and selling the tamales. She works in the Salaverry district.

She used the first loan that she received from Las Emprendedoras II community bank, for 300 soles, to buy supplies such as flour, cooking oil, olives for making tamales (a traditional dish of the region). The loan allowed her to buy supplies in bulk so that she could be well-stocked and increase her earnings. She will use the 1,200 soles loan to buy supplies for making her tamales. She also plans this week to buy cleaning products such as disinfectants, bleach, muriatic acid, etc. which she'll sell to friends, co-workers, neighbors and relatives. Monica dreams of growing her business to get more money and give her children a better quality of life and help with their schooling.

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Translated from Spanish by Kiva volunteer Jere Wiseman

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