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Luz
Luz is 27 years old and lives with her parents on property that they own. She has been selling clothes for more than two years and offers her merchandise to acquaintances and relatives. Luz offers her products on credit and is assured of full payment for the garments that she sells. She also engages in farming and has land that her parents inherited. This enables her family to generate extra income. However, she enjoys managing her clothing business more because farming requires that one must wait some time before seeing any profit. In addition, farming requires capital to invest in supplies for fertilizing the land. Luz will continue in both business activities in hopes of improving her sales and her farm production.


This is her second loan with MFP. Being part of a Communal Bank has significant meaning to Luz because she has a group of people who have complete trust in her. The loan she is requesting will be invested in merchandise for her clothing business, but some of the money will also be used to purchase sacks of compost.

View original language description ↓
Luz tiene 27 años, vive en compañía de sus padres en la propiedad de sus progenitores. Hace más de 2 años se dedica a la venta de ropa, mercadería que es ofrecida a personas conocidas y familiares, dejando a crédito, así asegura el pago total de las prendas que vende. Por otro lado también se dedica a la agricultura, ya que posee terrenos que sus padres le heredaron, de esta manera logra obtener ingresos extras para su familia. Pero el negocio que más le agrada es la venta de ropa, permitiéndole tener ingresos mas frecuentes a comparación de la agricultura que tiene que esperar tiempo para ver las ganancias, además necesita de capital para invertir en insumos para fertilizar los terrenos. Seguirá continuando en estas actividades ya que se ha propuesto mejorar en ambas tanto en las ventas como en la producción. Es su crédito número 2 con MFP, para ella significa mucho pertenecer en su banco comunal porque le permite estar con personas que considera de su plena confianza. Con el crédito que solicita, será invertida en mercadería como prendas de vestir y la otra parte en la compra de sacos de abono.

About Peru

  • $6,715
    Average annual income
  • 117
    View loans »
    Peru Loans Fundraising
  • $56,069,725
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Luz to purchase merchandise for her clothing business and sacks of compost for her crops.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 29, 2011
Listed
Apr 11, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012