A loan of $1,000 helped purchase of flour, sacks of sugar, and yeast for preparing bread and Christmas cakes.

Carmen Ita's story

Mrs. Carmen Ita is a member of the Communal Bank "Los Jazmines" (the Jasmines). She lives in the San Martín region in the province and district of Moyabamba. She sells bread, rolls, spongecake, and sweets. She develops her business in a location that she has in the central market of the city. With this loan of $1000, which she will repay in 6 months, she will buy daily supplies like flour, sacks of sugar, yeast for preparing breads and Christmas cakes to take advantage of the Christmas festivals and satisfy they great demand from her clients. Carmen Ita is 36 years old and mother of 3 children who live with her and her husband. Carmen says that Manuela Ramos is a support for her and her family, as they are for the rest of hardworking business women. Her goal is to have a business in her own home.

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Translated from Spanish by Kiva volunteer Laura Gilchrest

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