A loan of $1,100 helped buy snacks at wholesale.

Maria Luz's story

Maria is a member of the “Mujeres Del 2000” (Women of the Year 2000) communal bank in the district of Yarinacocha, Ucayali department. She is 48 years old and the single mother of 3 children. She is also one of the founders of her communal bank. At present, she has a tiny business selling snacks outside a school, where she works mornings only.

With her new loan of 3,000 new sols, Maria will purchase 2 bags of taps, 2 bags of caramels, 1 bag of toys with small candies, half a hundred of decals, 1 box of chewing gum, 2 boxes of cookies, 3 strips of cheese puffs, 2 strips of crystallized peanuts, 2 packages of fruit drinks, 1 case of soft drinks, and 1 case of bottled water.

Since her principal customers are children, she needs to have a greater variety of snacks. This business is relatively new but it attracts good earnings and it is part time.

Thanks to Manuela Ramos, Maria has been able to educate her children. She alone has had to raise them and cover school costs. Now, she only has 2 in her charge.

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Translated from Spanish by Kiva volunteer Harold Dana Sims, PhD

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