Funded

Total loan: $1,200
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Teresita


A loan of $1,200 helped to buy women's and men's clothing, sandals and jewelry.


Teresita's story

Teresita 600.000 2013-102

She is a hardworking and humble Nicaraguan mother of 5. At 46 years old, she fights to get them ahead with education and a being a good example. Right now the younger ones are in school and getting good grades, despite the limitations they have in the home. Teresita's hard work and the help of people she knows allowed her to open a store 2 years ago where she sells meals. She became known in the area on weekends. After visiting and sharing the family's scarcities, the education, kindness and friendliness of its members can be seen. They work as a team to achieve a better quality of life. Two of her children are in the fifth year and they are getting top grades. Her youngest daughter is in the third year at school and she also has excellent grades.

The work selling food and the help of her daughters has allowed her to improve her humble home with materials that many would consider scrap. She made her shelves, display cases, and her work desk and cash box and she opened her store in her community. After working for 2 years, she has become established and she offers clothing merchandise and sandals that are very popular in the area of Puntarenas. Going over the business' documents, the additional income with the meals and her daughters' help, one can see that the work, which is contributed to by the whole family, allows her to serve her customers and offer high quality merchandise. The loan is going to allow her to buy and diversify her products, and to grow and help her children, which is her main objective.

The store is located in a poor neighborhood of Puntarenas, with a dirt floor and shelves made from scrap materials. She keeps things neat and impeccably clean. She is an example in the area of hard work and dedication to her children. Her store is the only one in the area. On weekends, they sell food and with the help of her younger children she tends to the business. She wants them to stay in school and have good careers, thus improving their quality of life. She dreams of improving her house and her store in the future.

Translator profile picture

Translated from Spanish by Kiva volunteer Ellen Donohue



Loan details

Loan length:

20 months
Disbursed date: June 13, 2013
Facilitated by Field Partner: Fundacion Mujer

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: June 13, 2013
Facilitated by Field Partner: Fundacion Mujer