A loan of $250 helped to buy a fixed asset (an LCD television).

Luz Mary's story

Mary is a 40 year old woman, a single mother of a 3 year old son and a head of household. She lives with her father and her young son. For 5 years she worked in clothing stores in the center of town, but she left and with the settlement and some savings she decided to go off on her own and she bought a business selling fruit close to the stadium. She is a fighter who is enterprising and who works long hours to obtain support for her family. She opens her business at 5:30 in the morning to 9:00 at night. She is going through a difficult situation because she leaves her son with her father who is elderly, because she doesn't have the resources to pay for a daycare. That is the reason she is asking for the second cycle loan, because she wants to pay a fixed asset (an LCD television) in order to give her business a better image and attract more customers. This will allow her to sell more and generate better income to get her son ahead and have an opportunity to open another business, a clothes store in a locale in the center of town. That way, she will be able to improve her household finances and offer her son an excellent education.

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Translated from Spanish by Kiva volunteer Ellen Donohue

Loan details

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Loan details