Funded

Total loan: $225
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Margarita Gloria

Nicaragua
Leon, Nicaragua / Food Production/Sales

A loan of $225 helped capital for her business.


Margarita Gloria's story

Mrs. Margarita Gloria Rubí is 57 years old and is single. Mrs. Margarita has 3 children. The oldest is 34 years old, her other son is 30 years old and her other daughter is 28 years old. None of her children depend on her; all of them work for themselves. She wants to keep her business stable since, at present, the situation that the country is going through makes it more difficult to find a job. Her goals are to make improvements on her home, which is very important. She also wants to paint her house so that she can keep it beautiful and it can last for a long time.

She sells tiste (a corn and cocoa drink) and beans. She has owned this business for 5 years. The business is located in her house. She decided to start a small grocery store on her own, but didn’t have many clients. From that business, however, she gained the possibility to establish another business, where she would sell beans and tiste. In this way, she earned many clients; both products supplied her with income for her family. As a result, she is requesting this loan for capital for her business. The capital will be used to buy products like corn, cinnamon, and cocoa to make her products in the market since she achieves more favorable results there and at wholesale.

Translated from Spanish by Kiva volunteer Avni Shah



Loan details

Loan length:

7 months
Disbursed date: December 18, 2008

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: December 18, 2008