A loan of $675 helped working capital for maintaining a mill.

Carlos Martin's story

Carlos Martín G. Palacios is 36 years old and is married. He has 4 children: an 11-year old daughter in grade one of secondary school, a 9-year old daughter in fifth grade in primary school, a 7-year old daughter in second grade of primary school and a 6-year old son in first grade of primary school.

Carlos' source of income is his mill where he mills tortilla corn, pinol (a type of corn meal), and meat. The location of his business is in his home. He has had the business for 6 years. Carlos started his business with one mill. With enough motivation and some financing, he was able to increase his business to two mills. They generate the majority of the profit for his family. Carlos would also like to do another type of business: raising and fattening pigs for sale. It would be another means of income but his principal interest is the milling business. His customers always come looking for milling service. He is requesting financing for working capital for maintaining the mill since the motor of the mill is giving him problems. He is thinking of winding and repairing the motor as it is cheaper to do so than to buy a new one.

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Translated from Spanish by Kiva volunteer Annie Sheng

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