A loan of $300 helped to buy ingredients, such as flour, sugar and yeast.

Teresa's story

Teresa, 58, is a single mother of four children. She lives with her youngest daughter in a house they own. Teresa sells home-made sweets, such as doughnuts, bread and meringue. She sets her stall every day in the city’s marketplace, close to where she lives. She sells by the unit (in small bags) or in bulk (by weight or by the dozen). Sometimes, her sales are very good and she manages to sell everything she made. Teresa started this business fifteen years ago and thanks to that, she has been able to give her oldest children a good education. Teresa thinks that her business is profitable, and that she receives the benefits on a frequent manner.

Teresa hopes now to have a larger stall and offer larger quantities of her delicious products. This time she is requesting 800 nuevos soles [PEN]. She feels happy knowing that she has the financial support needed to continue working. With this amount, she will buy the ingredients needed to prepare sweets, such as different types of flour, sugar, yeast, milk, eggs and oil.

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Translated from Spanish by Kiva volunteer Santiago Mejía Dugand

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