A loan of $950 helped to purchase a flour mixer and ingredients for her sweets.

Damaris's story

Damaris is 42 years old. She is a woman with lots of business experience, and is also happy and kind. Her partner is Bettman. He is the father of her three children. They live together in their own house, which they managed to build together after putting out a lot of effort.

She makes and sells a variety of sweets which she prepares at home in a wood-fired brick oven. She then delivers them, according to her orders, to the corner stores and grocery stores in her area and in other riverside communities outside the city. She has been working this way for more than two years. Her children help her to make and distribute the sweets. This way they manage to sell all her products and turn over her capital quickly. She enjoys what she does, especially since it keeps her busy, which is one of the reasons she decided to start her business. She also wanted to have a source of income which would allow her to help her partner cover their living expenses and educate their children.

This is her fourth loan with MFP [Microfinanzas Prisma]. She is committed to making her loan payments on time, as she did with her previous loans. Additionally, she feels good about her communal bank since she considers the other members to be caring people.
She will invest the requested amount of 2500 PEN [$950] by purchasing a flour mixer, which she will bring from the capital and which is valued at 2000 PEN [$750]. She will use the rest of the loan to purchase supplies and ingredients to make sweets.

Translated from Spanish by Kiva volunteer Tim O'Reilly

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