Juanny Flores Paredes

Thank you for your loan. It has been disbursed to Juanny Flores Paredes by Manuela Ramos / CrediMUJER in Peru. We are excited to watch this business grow. Over the next 6 months, Manuela Ramos / CrediMUJER will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

Recently I visited Juanny at her home off of one of Pucallpa’s many dirt side streets to talk about her business. Juanny is engaged in two main business ventures at the moment. She raises chickens and also sells clothing which she orders from the capital, Lima, with the help of her sister who lives there.

Juanny has been working with Kiva partner Manuela Ramos for five years and has been the official treasurer of her communal bank “Juan Zaplana Belliza” for all of those years. Juanny showed me a television and DVD player that she is holding as a guarantee from a communal bank member who has not been making her loan payments recently. Juanny is holding these items in her capacity as treasurer. They will be returned to the delinquent borrower as soon as she makes her payments.

Juanny invested her most recent loan of 3000 soles (about $1000) in both her clothing-sales and chicken-raising businesses. Juanny sells most of her clothing out of a small home-based shop run by a neighbor a few doors down. Occasionally, she also gets candies and other items from Lima to sell in the little shops in her neighborhood. Juanny invested her very first loan of 300 soles (about $100) in raising 20 chicks. Her chicken business has grown quite a bit in the past five years—-Juanny now raises 500 chicks at a time. This business is doing quite well. Juanny raises a batch of 500 chicks six times a year, in two-month cycles (one month for the chicks to become full-grown, one month to clean out the coops and allow for potential disease vectors to die off). She earns 2200 soles (about $735) in profits from each batch. Juanny is raising her chicks on a plot of land across the street from her current home, where she is also constructing a new house for her family.

Juanny and her husband have two children, aged 16 and 10. Juanny’s husband is not working at the moment, though he helps her out with her chicken business. He will begin working with a pine nut production company in October.

Juanny told me that her loans from Manuela Ramos enabled her to begin her business ventures. She has had a good experience working with the organization. In this short video clip (recorded at the shop where Juanny sells her clothing), Juanny explains that she works for the sake of her children’s future. Thanks to the support from Manuela Ramos, she will continue to move forward with her ventures.

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