A loan of $1,000 helped rice.

Maria Magdalena's story

Maria, age 62, started selling rice four years ago. Little by little she became a small businesswoman. Because of the dedication that she put into her work and the money that gave her a stable life, she started to buy “quintales” (a quintal is equal to 100 pounds) of rice. She then sold the rice to her new customers.

She now sells 40 to 50 quintales per month. One of her daughters, a widow, helps her in the business. One of the difficulties in buying rice from the retailers is the high price that they set. However, she keeps working in order to continue to make sure that she is secure in her old age.

She wants the loan to buy quintales of rice and to have more work capital. In the future she wants to finish building her house. She also wants to continue with her rice selling business in order to increase her list of customers.

Translated from Spanish by Kiva volunteer Ginny Kalish

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