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Magdalena
Magdalena is a 34 year old, single mother living and working in Juliaca. She has been working on her own for eight years. When she first started off, she would travel to Tacna every month to purchase clothes and bring them back to Juliaca to sell. After some time selling clothing, she decided to sell sodas and snacks on the weekends in Puerto Maldonado. Magdalena would leave on Thursday and arrive in Puerto Maldonado on Saturday, leaving her just enough time to sell at the ferias, weekly markets, on Sunday. The hectic traveling proved to be too demanding, especially with a new born.

Magdalena now has a bookstand by the Colegio Cesar Vallejo at which she works at from 6:30 a.m. to 3:00 p.m. during the week. On weekends and during holidays she sells pasamanerias, which are braids, ribbon, hair ties, and other goods for festivals. Magdalena is always traveling and working with her two-year-old daughter. She hopes that with a $1,200 loan she will be able to purchase a Remalladora, which she would use to produce large quantities of clothing. She hopes to be able to design, produce, and sell her own clothing in the near future.

About Peru

  • $6,715
    Average annual income
  • 77
    View loans »
    Peru Loans Fundraising
  • $55,189,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Magdalena purchase a sewing machine to produce larger quantities of clothing.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 15, 2007
Listed
Jul 31, 2007
Currency Exchange Loss:
N/A
Ended:
Aug 1, 2008