A loan of $400 helped to buy snacks and soft drinks for her food stall.

Yolanda's story

Yolanda is 46. She is a very friendly and hardworking woman. She is separated from her children's father. She currently lives with her mother and her two children in her mother's house. She wants to offer her children a better standard of living.

She sells many different flavors and brands of soft drinks and snacks from her porch, where she has a stall, since it is a wide and comfortable space. She has a refrigerator to keep her drinks cold. She started this work more than three years ago, on her own initiative, with her savings. She works half time; the other half of the day, she is a domestic worker. The rest of the time, her mother staff the stall. She likes her business very much, since it gives her a chance to talk to lots of people, plus the income allows her to pay her household expenses and to give her children a good education. Before starting this business, the money she earned did not go very far. She wants to keep growing and to find a place to sell food--she thinks the time is ripe.

This is her third loan with microfinance partner MFP, and she hopes to keep meeting her targets. She promises to keep paying punctually, as with her previous loans. And she wants to keep working with the members of her community bank, since they are all very friendly and civic-minded. With the 100 soles ($400), she will buy snacks, such as candies, cookies, and Chisitos in large quantities. She would also like to start acquiring the means and ingredients to make the food she wants to sell.

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Translated from Spanish by Kiva volunteer Ross Forman

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