A loan of $1,075 helped she will buy 2 washing machines and supplies to make her fast food.

Cristina's story

Christina R. is a woman who, with her business, resolves domestic problems for housewives. She recognized that these housewives spend a lot of time washing clothing by hand in the harsh sun of the Caribbean Coast, which is difficult work. For this reason, she believed that a business renting washers to housewives in her neighborhood would offer them convenience in their washing tasks and save them time so they could carry out their other domestic chores and productive activities. Christina is a hardworking woman who also makes and sells fast food: empanadas, caribañolas (boiled yucca stuffed with meat), arepas (corn bread), fruit juice and bolis (frozen juice snacks.) She started this small business 7 years ago as a way to cover the basic household expenses: food, utilities and the rent on her home, as she did not own a home. With her first loan from the Fundación Mario Santo Domingo 5 years ago, she was able to get some better tools and acquire a pedicab that transports 4 people at a low cost for her husband, who was unemployed. From that moment, they both began to work and generate income for a stable home. This is her 4th loan, and with it she will buy 2 washing machines and supplies to make her fast food. Christina remembers how, with her second loan, she was buying the washing machines to rent by the hour. After 2 years, with a lot of discipline and management of the investment, they achieved profits that allowed them to save for a down payment on an apartment. Today they have that apartment, and are currently making payments in modest quarterly installments. Now she and her husband feel very satisfied with the sacrifices they have made, and are continuing to work toward their main goal of paying off the apartment through honest work and persistence in their business.

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Translated from Spanish by Kiva volunteer Lisa Grobar

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