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Karim
Karim is 22 years old and single; her primary motivation is the well-being of her family. She has spent the past two years selling cosmetics, a career she always wanted to pursue. Before starting her own business she used to help a friend sell these products and with a little experience realized that this business could be very profitable due to the large number of orders that she received from family and friends. Karim decided to establish her own business with the goal of making a solid profit and investing it in a large variety of products, in addition to eventually establishing a makeup studio and store in her own home where she could offer these products. Nevertheless, to accomplish this goal, Karim spends every afternoon visiting various clients in their homes to show them new catalogues and cosmetics that she has in stock.

This is Karim's eighth loan with MFP and what she loves most about her loan group is the responsibility and dynamism with which they work. With this 2000-sole ($675) loan, she will buy more beauty products in order to take full advantage of the makeup catalogue's new offerings.
View original language description ↓
Karim tiene 22 años, es soltera y su deseo de progreso es por el bienestar de su familia. Hace 2 años se inicio en la venta de cosméticos, pues es una actividad que siempre le agradó realizar, tiempo atrás ayudaba a una amiga a ofrecer estos productos y en su corta experiencia pudo darse cuenta que era un negocio con muchos beneficios debido a la cantidad de pedidos que obtenía de sus familiares y amigas. Entonces decidió independizarse con la finalidad de mejorar su capital de trabajo e invertir en mayor cantidad de productos y que con el paso del tiempo lograr instalar en su casa un bazar donde pueda ofrecer estos productos y brindar algunos talleres de maquillaje. Sin embargo, para llegar a su meta tiene que salir todas las tardes a visitar a diversos clientes en sus respectivas viviendas para mostrarles el catálogo o los cosméticos que tiene en stock. Este es su 8vo crédito con MFP y lo que más le agrada de su banco comunal es la responsabilidad y dinamismo con el que trabaja su grupo. Con los 2000 soles que ahora solicita comprará más productos de belleza, sobre todo aprovechará las ofertas de los catálogos.

About Peru

  • $6,715
    Average annual income
  • 61
    View loans »
    Peru Loans Fundraising
  • $54,001,225
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Karim purchase of inventory for her makeup business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 1, 2009
Listed
Jul 22, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010