Currently on her fourth loan cycle, Antonieta Corona is a 46-year-old mother of eight sharing her cement-and-wood home with 12 other family members – including grandchildren. She has used her credit to purchase livestock and to invest in a weaving business. She has also used it to boost her family’s work in agriculture and, most recently, to buy a small snow cone maker. She plans to use the snow cone maker during the summer months to sell snow cones from her home.
Antonieta’s microloans have not only enabled her to generate more income to support her family, they have also empowered her to become more independent, confident, and ambitious. In just a few weeks, she will receive her fifth loan. She plans to invest in the businesses she has already – and buy a few new broilers, so she can start selling prepared chicken, too.