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Martha
Martha is 45 years old. She is married and lives with her husband and 2 kids in their own house. Martha makes costume jewelry with pearls. She specializes in rosaries, and each one is a unique piece. She photographs every one and has compiled a catalog of all her designs to help her customers order them. Her potential customers are the church and wholesalers at the central market. She used to work alone, but now her daughter and others work with her so she can complete the orders in time. She enjoys what she does because it allows her to work without neglecting her family duties. She has been doing this for 12 years, and the most difficult part is to keep materials in stock, which has caused her to lose orders in the past. She wants to expand her market and then build a house. This is her first loan with MFP, and she knows it will help her increase her working capital. She promises to pay back her installments on time. She will use the money to buy crosses and wire wholesale to help her fill her orders.
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Martha tiene 45 años, es una madre de familia muy trabajadora, vive con su esposo y sus 2 hijos en su casa propia. La actividad a la que se dedica Martha, es la bisutería con perlas, es especialista haciendo rosarios y denarios, cada una es distinta de otras creaciones. Todos sus modelos los ha logrado fotografiarlas y hacer este catálogo que muestra, con la que ofrece a sus clientes y con mucha facilidad le hacen algún pedido. Su comprador potencial, es la iglesia y algunos mayoristas del mercado central. Años atrás trabajaba sola, actualmente su hija y otras personas trabajan con ella, de ese modo sus pedidos son entregados a tiempo. Se siente a gusto con lo que hace, ya que no descuida sus labores domesticas; lleva 12 años realizando esta actividad y lo más difícil para ella es no contar con materiales en stock, perdiendo así varios contratos. Su mayor anhelo es ampliar su mercado y después construir su casa. Este es su primer crédito con MFP, y sabe que le será muy beneficioso para aumentar su capital de trabajo, por ello se compromete a pagar todas las cuotas oportunamente. Con este crédito que solicita, comprará cruces y alambres por kilos, de ese modo pueda abastecer todos sus pedidos.

About Peru

  • $6,715
    Average annual income
  • 66
    View loans »
    Peru Loans Fundraising
  • $54,558,900
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Martha to buy crosses and wire to make rosaries in order to finish a set of orders.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2010
Listed
May 20, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010