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Milene
Milene is 23 years old, married, and lives with her husband and son at home with her family. Over eight years ago, Milene began to make bricks with her husband, and leased land near their home to use for their business. These days the business is their main source of income, and so they focus on this work every day. They also had to hire more labor in order to help prepare bricks. Milene is focused on sales and searching for new customers. Recently Milene has noticed that the manufacture and sale of bricks has been very profitable, and now she has plans to expand the business. Therefore she will have to lease another site. This is her thirteenth loan with MFP, and she promises to be responsible with her payments. She considers this microloan contribution useful for her business, and with the requested loan, Milene will invest in inventory to increase her brick production.
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Milene tiene 23 años, casada, vive con su esposo y su hijo en casa de sus familiares. Hace más de 8 años se dedica a la elaboración de ladrillos con su esposo, por lo que han arrendado un terreno cerca de su casa. Hoy es su fuente principal de ingresos, que le ayuda a sostener a su familia, por tal motivo se dedica a este trabajo todos los días. Además ha tenido la necesidad de contratar mano de obra, que le ayuda en la preparación de sus ladrillos; mientras que Milene se dedica a la venta y en la búsqueda de nuevos clientes. Durante estos años ha visto que la fabricación y venta de ladrillos le ha sido muy rentable, ahora tiene planes de ampliar su negocio, por lo que tendrá que arrendar otro terreno. Este es su treceavo crédito con MFP, por lo que se compromete nuevamente ser responsable con sus pagos, considera además este aporte le será muy útil para desarrollar su negocio. Con el crédito que solicita, invertirá en la compra de insumos que le servirá para aumentar la producción de ladrillos.

About Peru

  • $12,000
    Average annual income
  • 88
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Milene to purchase inventory for her brick production.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2010
Listed
Apr 24, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2010