Funded

Total loan: $1,500
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Teresa De Jesús

El Salvador
Gotera, El Salvador / Livestock

A loan of $1,500 helped to buy a calving cow to have milk for her family, to cancel an outstanding balance with the microfinance institution and to buy products for her store.


Teresa De Jesús's story

Teresa is 44 years old, married and the mother of four children. Two of her children are already married and have separate homes.

Another of her children did not want to study, and traveled to the United States, and one who lives with her has a business repairing and selling tires. He is a computer technician, is 17 and does not like studying. He only completed 9th grade and is working with his brother in the tire repair shop.

Her husband is the proprietor of a shop which sells and repairs tires; it is a very separate shop from the one her son has.

Meanwhile, Teresa has a shop with 10 years of experience. She had the idea from when she was with her mother, because her mother was a trader.

Since she got married, she wanted to have the store, but her husband didn't want to support her, because he did not like it said that his woman was working. He went to the United States, so the little he sent was saved, and in this way she started the store.

Before, she earned a living taking care of cattle, pigs and chickens, while caring for her children.

The loan will be invested in buying a calving cow to have milk for the family and cancelling an outstanding debt with the microfinance institution. The rest will be invested in buying products for her store. Her quality of life will improve because she will have a better investment, and at the same time a better profit and thus better income. Also, with the cow she buys, she will have the milk in the backyard.

What she most wishes is to see one of her children have a university career, as well as to see them work in an office. This greatest dream would be well done, and she hopes to achieve it with her youngest daughter because she is dedicated to studying. At the same time, she asks the Almighty to help her with life. She will continue saving her profits to repay the loan and the rest for her children to make her dream possible.

Translator profile picture

Translated from Spanish by Kiva volunteer Rachel Alexander



Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: September 14, 2013

Lenders and lending teams




Loan details

Loan length:

14 months
Repayment schedule: At end of term
Disbursed date: September 14, 2013