Expired

Total loan: $850
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Magdalena


A loan of $850 helped to buy supplies.


Magdalena's story

Magdalena is married and has 11 children whom she has managed to get ahead through great effort; providing them with all they need. In order to contribute financially to her household, she has a bakery where she also offers family products and some snacks. She learned to do this thanks to a course she took and then she moved forward with her own business and grew it little by little. Currently her oldest children help at the bakery and this allows her to provide good service to her customers, which are constantly increasing in numbers, thanks to the quality of her products. Because she started her bakery with low capital, she doesn’t have sufficient production capital to be able to satisfy all of her customer demands, so now that the business is growing, she is asking for a loan that will allow her to buy supplies so that she can prepare the products she offers in her bakery.

In this way she can continue getting ahead and in this way be able to have a good quality of life in her home. She will all also continue to guarantee her necessary income so that her young children can continue in school and be able to get ahead.

Translator profile picture

Translated from Spanish by Kiva volunteer Hugo Reyes



Loan details

Loan length:

17 months
Disbursed date: June 13, 2012
Expired: August 8, 2012

Lenders and lending teams



Loan details

Loan length:

17 months
Disbursed date: June 13, 2012
Expired: August 8, 2012