A loan of $1,025 helped to stock her store.

Arminda Del Socorro's story

Arminda del Socorro, 45, is a cheerful woman from Puerto Cabezas. She's married and has two children; the oldest is studying fashion design and the youngest is finishing secondary school.

Arminda del Socorro set up a grocery store in her home 20 years ago. She still remembers that she had only 60 córdobas to buy milk for her daughter. She decided to invest her small amount of capital in Chivería products so she could earn a bit more money. Three months later, her profits enabled her to buy half a quintal of basic grains.

Currently Arminda del Socorro's grocery store is in a strategic location and she also sells beauty products and women's accessories. It's her only source of income because her husband is out of work, so she's requesting a loan to continue growing in her business.

She's going to buy 3 quintals of rice, 1 quintal of flour, 1 can of oil, 6 boxes of laundry detergent and 1 dozen of bath soap, 5 dozen bottles of bleach, 7 packages of toilet paper and 2 dozen of sanitary napkins, 5 pounds of soda, 12 dozen candles, 3 dozen packages of instant soup, pinolillo [cornmeal and cacao-based beverage], barley, and oatmeal.

Her dream is to set up a distribution business.

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Translated from Spanish by Kiva volunteer Catharine Wall

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