Funded

Total loan: $850
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María Magdalena

Colombia
Medellín, Colombia / General Store

A loan of $850 helped to purchase products for daily use to stock her general store.


María Magdalena's story

Magdalena is 57 years old, and has worked extremely hard her whole life to provide for her family. She has been separated from her ex-husband for over 15 years, and her job is the sole source of income for her household.

Magdalena opened her small business with some startup capital that one of her children gave her, and she still operates her general store. She is grateful to God for the strength He has given her to raise and provide for her six children and get through challenging situations.

Every day, Magdalena works from 7:00 in the morning until 10:00 at night. One of her daughters-in-law helps her in the store and with some of the household chores. In hopes of increasing her inventory and offering clients a wider variety of products, Magdalena is requesting this loan. She plans to use the support from the loan to purchase products to stock her general store. She hopes that this investment will help her to generate more business and profits, and will in turn improve her quality of life.

Translator profile picture

Translated from Spanish by Kiva volunteer Gillian Goodrich



Loan details

Loan length:

20 months
Disbursed date: February 15, 2013

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: February 15, 2013