A loan of $750 helped to pay her insurance premium.

Magda Araceli's story

Magda, 43, is separated and has a daughter. For the last six years Magda has been caring for the business that she runs with much affection. She has established a child day care center where with the help of two employees she cares for little children between the ages of 1 and 3.

One of the requirements for her official operating license is that she has major medical insurance for her and for the benefit of the children in her care so that each child will be protected and so that their parents and the authorities can have peace of mind. Because of this, she needs to request a loan that will cover this expense immediately to keep her customers satisfied with her work and also to meet her responsibility unto the authorities.

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Translated from Spanish by Kiva volunteer Polliz

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