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Silvia, in her own words, does un poco de todo or “a little bit of everything.” One of her businesses is cooking traditional cuisine which she sells from home. Her clients are her neighbors and friends and when she is making a dish she hangs a sign on her front porch, or simply let’s people know by word of mouth. Her son also chips in and helps market via Facebook, letting people know that today his mom is making Humitas, or Pastel do Choclo, or Gnocchi, (yes, Italian food too!).
She first heard about Fundacion Banigualdad from a neighbor friend at church. She is the treasurer of her borrower group and therefore responsible for collecting the group’s repayment and depositing it on time. She started with a loan of 80,000 pesos (about $170) and used this loan to buy a cooler to store her product as well as…
Learn more about Silvia, A Microentrepreneur of Fundacion Banigualdad
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Whole Planet Financial Snapshot
|As of November||2013|
|# of Countries||58|
|Estimated people supported||1,951,000|
|Average first loan size in the developing world||$175|
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Dec. 3, 2013
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Nov. 28, 2013