A loan of $725 helped purchase vegetables to increase her business capital.


Carmen's story

Sra. Carmen C. T. joined the organization a year ago because she needed a loan to buy wholesale merchandise, so she could sell it in her stall on Max Paredes Street in the Rosario neighborhood. She also plans to snag an "anticrético" to live in, since she's now living with her aunt and would like to get ahead and no longer depend on her aunt or pay rent. (An "anticrético" is a type of living arrangement in Bolivia in which a contract is signed with a property owner to be able to live in a house for a period of time for an established sum of money up-front. At the end of the period, if the house is still in good shape, all the money is returned to the occupant, or the occupant gets to keep the property.)
She lives with her younger brothers, who are of school age, and takes care of all the family expenses with her earnings from her stall.

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Translated from Spanish by Kiva volunteer Andrea Rosenberg



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