A loan of $1,050 helped complete on-site repairs (changing the floor) and purchase wholesale supplies (corn and charcoal).

Luz Elena's story

Elena is 35 years old, married and a mother of 2 children. Many years ago, she started her own business, an arepa factory in her home. The idea came due to a difficult financial situation that her family found themselves in. Taking advantage of the lessons her mother taught her at a young age, she has been able to generate the income to afford her household expenses. She is hardworking, active, strong and persevering. She works arduous days to generate a big output that will allow her to satisfy the demand. Her main clients are store and restaurant owners of the township she lives in.

She wishes to use the loan to repair the space in which she has her business (change the sand floor for a cement one) and purchase wholesale supplies (corn, charcoal), which will allow her to increase her production and give her clients more confidence in her products since the space will look nicer, improving its recognition in the town.

Elena dreams of financial stability, having the opportunity to expand her business, providing her children with a better education, but she especially hopes to gain enough income to purchase her own home in the near future, giving her family a better life.

Translated from Spanish by Kiva volunteer Roberto Henry

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Loan details