Touch of Love Colombia – microcredit – Magdalena video 2

Filed Under (finance loan) by Gandhi Prima Satya on 26-02-2010

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Touch of Love Colombia is an NGO that provides microcredits to small entrepreneurs. Magdalena sells empanadas (fried snacks), candy and softdrinks. She started to work with a microloan about a month before this video was taken and used it to buy more inventory and amplify the product range she offers to her customers.

Touch of Love Colombia – Microcredit – Magdalena video 1

Filed Under (finance loan) by Gandhi Prima Satya on 24-02-2010

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Touch of Love Colombia provides microloans. Magdalena lives with her 2 children and her mother, she has a small store that sells arepas and some other things. She wants to expand her store by starting to sell vegetables and other food products and basic items, eventually becoming a small supermarket. To start the expansion she would need at least COP 1.000.000 (about $521).