A loan of $650 helped to buy products (sweet things, biscuits, candy etc).


Ursula Mabel's story

Forty-year-old Ursula lives with her mother, sister and two children in their own house. Ursula has a hut from which she sells sweet things such as "churros" (long fritters), biscuits, candy and more. She has had the business for some years and it has given her experience in sales which has allowed her to earn the the best possible profits. Ursula's hut is inside a school, near her home. She makes a high profit which she uses to cover household costs. Ursula wants to expand the business and put in more investment. However, she needs capital for this so is applying for a loan that will allow her to buy necessary items for her hut. She assures us that she will pay off her debt and says she is confident that the loan will give her family a better quality of life.

Translated from Spanish by Kiva volunteer Iain Gaw



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