A loan of $700 helped buy cheese, beans, oil, toilet paper, sugar, rice, flour, instant coffee, tooth paste, chicken, and eggs.

Rita Elena's story

Rita Elena L. Jarquín is 35, married, and has three daughters. One daughter attends elementary school, another goes to high school, and the third attends the university. Since she was very young this young mother has been running a mini market. She has been slowly stocking it and diversifying her products. With this business she has been able to support her home because her husband does not have fixed work. He only gets income when there is work for him.

L. has been buying equipment for her business like a refrigerator, a freezer, and other furniture to keep her products. Like other small businesswomen, she needs financing to buy some products for her business and to be able to invest in other furniture that she needs.

L. has benefited from loans from our institution (Adephca). She is considered as a category A because of the completion of her payments and the punctuality she has demonstrated.

She needs the loan to by:

50 pounds of cheese at 1.20 U.S. per pound, 1 “quintal” (100 pounds) of beans at U.S. 46 per quintal, 2 drums of oil at U.S. 25 per drum, 2 large bags of toilet paper at U.S. 15 per bag, 1 quintal of sugar at U.S. 38 per quintal, 1 quintal of rice at U.S. 43 per quintal, 3 quintales of flour at U.S. 38 per quintal, 3 dozen instant coffee at U.S. 28 per dozen, 2 boxes of tooth paste at U.S. 8 per box, 130 pounds of chicken at U.S. 1.50 per pound, and four cases of eggs at U.S. 6 per case.

Translated from Spanish by Kiva volunteer Ginny Kalish

Loan details

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Loan details