A loan of $475 helped to buy supplies at wholesale to make her meals, and to buy cooking utensils.

Emelide Maria's story

Emelide sells lunches, specifically soups and basic fast food that is very well prepared. Her main customers are her neighbors and the workers who daily go by her business, which is located in her own house. Customs have changed and many people no longer cook in their home, but rather they buy small portions of the delicious stews that Emelide prepares. This is the source of lunch for many families because it is economical, and so this business is a "win-win" situation for Emelide and her customers. Emelide sells daily on a cash basis, and she also buys her ingredients each day for her daily sales. With her business she has managed to generate an important income to help support her household, which is comprised of her husband and their two children aged 30 and 37. Her Kiva loan is the 3rd loan that she has taken from the Fundación Mario Santo Domingo, and she will use the loan to buy supplies at wholesale to make her food, and to buy cooking utensils. This way she will offer better service to her customers and will improve her system of purchasing, as she will get better prices by buying in bulk. With her previous loans, she increased her working capital a bit and increased her income. Her goal for the future is to fix up her home to provide more comfortable living conditions. While Emelide works to achieve her dream, her business generates profit no less than 20%, which she plans to increase as her customer base continues to grow.

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Translated from Spanish by Kiva volunteer Lisa Grobar

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