A loan of $1,000 helped to buy chicken, coconuts, beef, fish, shrimp, American rice, sugar, coal, cooking oil, taro root, bananas and yucca root.


Carmen Magdalena's story

Small businesswoman Carmen Magdalena M. W. is 61 years old, and is a single mother of Creole ethnicity. She has two grown children who have their own homes. Señora M. has sold fried foods and other dishes that are typical of the region such as mixed seafood soup and rondón (a dish made with coconut, yucca root, taro root, and other products) for over 10 years. She carries out this activity 2 or 3 times per week, and is visited by the inhabitants of black neighborhoods of this city who come to buy her meals and take them in containers to their houses. One day she will offer the mixed seafood soup, and the other day the rondón.


Señora M. was already the beneficiary of a Kiva loan which she paid off on time, and she wants to take this opportunity to thank the lenders who made her this loan. At the same time she requests additional funding in order to purchase the following products: 80 pounds of chicken that costs US$ 1.90 per pound, 55 coconuts that cost US$ 0.60 each, 80 pounds of beef that costs US$ 2.00 per pound, 50 pounds of fish that costs US$2.00 per pound, 30 pounds of shrimp that costs US$5.50 per pound, 100 pounds of American rice that costs US$ 45.00, 100 pounds of sugar that costs US$35.00, 35 bags of coal that costs US$ 5.00 per bag, a drum of cooking oil that costs US$ 35.00, 80 pounds of taro root that costs US$ 0.40 per pound, 100 bananas that cost US$ 0.40 per banana, and 80 pounds of yucca root that costs US$ 0.35 per pound.

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Translated from Spanish by Kiva volunteer Lisa Grobar



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