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Mercedes
Mercedes, age 39, lives together with her husband Walter, age 44, who is a driver, and their 3 young children. Together they work hard every day to get ahead. This enterprising woman works creating braided panels from recyclable material. The panels are then used to make handbags, which are exported to other countries. She reports that she works for an intermediary who delivers the material. She is paid monthly for the braids, according to her production volume. She is quite satisfied because this work generates regular earnings. She has made this work into a family effort, since her husband helps her weave the plastic during his free time, and her children also help when they are on vacation from school. It is not difficult work, and the more time they dedicate to it, the more they earn. She feels that it has helped her family get ahead, and in the future she plans to set up a bookstore in her home, because there is no competition in the area where she lives. This is her fourth loan with MFP, and she promises to make her payments punctually, since she does not want to disappoint the people who made possible this funding which will permit her to continue working in search of progress. Mercedes plans to invest the loan she is requesting in buying materials, because she wants to start producing on her own, without the need for intermediaries.
View original language description ↓
Mercedes, de 39 años, vive al lado de su esposo Walter de 44 años que es chofer y de sus 3 jóvenes hijos; juntos se esfuerzan cada día para salir adelante. Esta emprendedora mujer se dedica a la elaboración de trenzas, echas a base de material reciclable, con las cuales fabrican carteras que son exportadas a otros países. Ella manifiesta que labora para una intermediaria que les trae el material, por el trenzado le pagan mensual, según el volumen de la producción, y esta bastante satisfecha pues le genera regulares ganancias en lo que se ha convertido una labor familiar, pues en el trenzado del plástico le ayuda su esposo, durante sus ratos libres, además de sus hijos cuando están de vacaciones del colegio. Como es un trabajo bastante tranquilo, pues mientras mayor tiempo le dediquen mejores serán las ganancias. Siente que le ha permitido sacar adelante a su familia, y tiene planeado para el futuro instalar una librería en su vivienda, pues por la zona donde vive no hay competencia. Es el cuarto crédito que tiene con MFP y promete pagar sus cuotas puntualmente, pues no quiere quedar mal con las personas que hicieron posible el dinero que le permitirá continuar trabajando en busca del progreso. Mercedes tiene planeado invertir el crédito solicitado en la compra de material, pues quiere empezar a producir por su cuenta sin necesidad de intermediarios.

About Peru

  • $12,000
    Average annual income
  • 93
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Mercedes buying materials to make braided panels from recycled plastic.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2011
Listed
Jan 21, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2011