A loan of $2,600 helped to buy stock in bulk (cakes, grains, sugar, salt, coffee, hot chocolate, diary products, cold meats and other basic goods) and to pay the rent for the property and furnishings.


Luz Faride's story

Luz is 46 years old and, because of the violence in her town of birth, has become a victim of forced displacement. Luz came to the city with her husband and it is here that she started to work as an independent businesswoman, selling fried foods in different cafés, outside schools, and as a street vendor in the city centre. Luz started this work as she needed an income to support her family.

Luz has been presented with the opportunity to start renting a property equipped with display cases and shelves. As a reuslt she has decided to apply for a loan because she needs to buy stock in bulk (cakes, grains, sugar, salt, coffee, hot chocolate, diary products, cold meats and other basic goods) and to pay the rent for the property and furnishings. With this loan, Luz can start a new, productive project, with which she hopes to have a more profitable business that she can establish in the area.

Luz wants to strengthen her business little by little and, in the future, she would very much like to own both the premises and the furnishings she will rent. This will guarantee her a steady income, allowing her bring money home to the family kitty and to improve her family's well-being and quality of living.

Translated from Spanish by Kiva volunteer Iain Gaw



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Loan details