Check out some available loans that are similar to this one!
Maria
Maria, 43, lives in her own home with her husband and three children. For more than 20 years she has earned an income making alterations and repairs to jackets on her sewing machine, which is her only work tool.

Over time she has come to specialize in sewing up rips and tears in clothes that are somewhat worn for which her customers recognize and appreciate the good work she does. Now she is experimenting in the world of dressmaking. She still has a lot to learn, but she feels satisfied at the productivity of her business. However on days when she does not have material with which to work she and her husband dedicate themselves to recycling activities and so are able to bring in additional income for the needs of their children.

Her greatest wishes are to expand her market and to update her sewing machine with a multifunctional one. This is her fifteenth loan with MFP and she commits to making all her payments, as she has done, given that this support will be very helpful to her in increasing her working capital. With this loan she will buy polar fleece fabric. Because of the winter season which must be endured demand for clothing made from this material has gone up. She hopes to construct enough of this type of clothing to increase her earnings.
View original language description ↓
María tiene 43 años, vive en su casa propia junto a su esposo y sus 3 hijos. Hace más de 20 años, se dedica a remendar y entallar chaquetas en su máquina de coser, siendo su única herramienta de trabajo, que la ha ayudado para satisfacer sus necesidades. Con el tiempo ha llegado a convertirse en una especialista en zurcidos para prendas deterioradas, ante esto sus clientes le tiene estimada y consideración por el buen trabajo que realiza. Ahora que incursiona en el mundo de la confección, aun le falta por aprender mucho, pero se siente satisfecha por la productividad de su negocio. Sin embargo durante los días que no tiene material en que trabajar, se dedica al reciclado junto a su esposo, de esa manera consiguen ingresos adicionales para cubrir las necesidades de sus hijos. Su mayor anhelo es ampliar su mercado y renovar su maquina por otra multifuncional. Es su quinceavo crédito con MFP, y se compromete a pagar todas sus cuotas como hasta hoy, puesto que este aporte le será muy favorable para aumentar su capital de trabajo. Con este crédito que solicita, comprará telas polares, debido a la estación de invierno en la que tienen que soportar, así que la demanda de prendas de vestir a base de este material ha aumentado y espera confeccionar lo suficiente para aumentar sus ganancias.

About Peru

  • $12,000
    Average annual income
  • 93
    View loans »
    Peru Loans Fundraising
  • $57,986,025
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Maria to purchase polar fleece for making winter clothing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2011