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Modesta
Modesta is 56 years old and is a very careful woman. She lives in her own home with her husband Faustino of 58 years of age and their 3 children (out of the 4 that she has in total). For many years she sold salchipapas (chicken and fried potatoes) in a central avenue in her district 3 blocks from her home. She worked and saved her profits and gave them to her husband who also put in his earnings to build their home little by little. 5 years ago she set up her grocery store leaving her previous business because it was too difficult. Since then, she sells every type of candy, sodas, and she also knits sweaters while she helps keep an eye on her daughter’s Internet Café that is next to her stall where she also sells her candy. Modesta is happy with her business because she works at home and is able to do her housework, which is why she would like to buy more candy as well as school supplies because of the school season. She would also like to have more yarn in her stock, to knit sweaters, baptism robes and other items for the winter season. This is her 16th loan with MFP (Kiva’s field partner) and promises to pay her quotas on time since she doesn’t want to deceive her partner in the loan with whom she works all the time to get ahead in life. Modesta every weekend buys merchandize like cookies, sodas, and with the loan she will buy the merchandize to keep working.
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Modesta tiene 56 años, es una mujer muy cautelosa. Vive en su casa propia con su esposo Faustino, de 58 años y sus 3 hijos de los 4 que tiene en total. Por muchos años vendía salchipapas (pollos y papas fritas), en una avenida céntrica de su distrito, a 3 cuadras de su casa. De esta manera trabajaba y ahorraba sus excedentes y con esas ganancias más la de su esposo construyó de a poco su casa. En la que hace 5 años puso su bodega, dejando su anterior negocio; por ser muy trabajoso. Desde entonces, vende todo tipo de golosinas, gaseosas, y además teje chompas mientras ayuda vigilar el Internet de su hija, que está al costado de su bodega, en la que también aprovecha vender sus golosinas. Esta contenta con su negocio, porque los realiza en su casa a la par de sus labores domesticas. Por ello, quiere abastecerse de más golosinas y también comprar útiles escolares, por temporada escolar. Asimismo, va abastecerse de lanas en su stock, para tejer chompas y ropones para bebes, para la temporada de invierno. Es su 16avo crédito que tiene con MFP, y promete pagar puntualmente sus cuotas, pues no quiere defraudar a su compañera de crédito con quien trabaja todo este tiempo, en busca de su desarrollo. Modesta, cada fin de semana invierte en mercadería como galletas, gaseosas y con este crédito que solicita, comprará esta mercadería para que continúe trabajando.

About Peru

  • $6,715
    Average annual income
  • 126
    View loans »
    Peru Loans Fundraising
  • $56,142,000
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Modesta buy cookies, sodas to stock her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2011
Listed
Mar 31, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011