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Edith
Edith is 24 years old. She is a happy, single, hard-working, young woman that is eager to succeed in life. She lives in her own house and what she would like most is to earn a good living so that she can give her future family financial stability.

She started learning business strategies at a young age since she worked for her parents at their sales stand. With the education they gave her and some savings she decided to become independent and forge ahead alone in the business sector. Today she has her own business. She buys products from farmers in the jungle such as coffee, cocoa, achiote [the natural pigment annatto is derived from this shrub], corn and palillo [a condiment]. She also has the help of 2 workers who are responsible for packing and weighing each product, thus allowing her to drive her car around to the various communities in search of products. When she has a good quantity stored she sells it to middlemen who pay her a large percentage for each kilogram of product. Her business is very profitable because apart from what she sells the middlemen give her incentives every year. The rainy season and the landslides on the roads are a challenge because they block the roads and make delivery of the products difficult. Her plans for the future are to continue working with the same zeal that is characteristic of her.

This is her first loan with MFP and she is capable of making her payments on time since she wants to be able to access more credit in the future. The loan she is requesting will give her capital to buy coffee, cocoa, corn and achiote from farmers.
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Edith tiene 24 años, es una joven soltera alegre y trabajadora con ganas de triunfar en la vida, vive en su propia casa y lo que más desea es obtener mejores ingresos para así darle una estabilidad económica a su futura familia. Desde muy niña aprendió las tácticas del negocio, pues trabajaba en el puesto de venta de sus padres. La educación que le dieron y algunos ahorros decidió independizarse y forjarse por si sola en el ámbito comercial. Hoy tiene su propio negocio, que consiste en comprar productos a los campesinos tales como: café, cacao, achiote, maíz y palillo, oriundos de la zona selvática; además cuenta con el apoyo de 02 trabajadores quienes se encargan de cargar y pesar los kilogramos de cada producto. Es así que con su carro recorren varias comunidades en busca de productos, una vez almacenado una buena cantidad lo vende a las empresas acopiadoras quienes le pagan un gran porcentaje por cada kilogramo de carga entregada. Su negocio le es muy rentable, por que al margen de lo que vende las empresas le dan incentivos cada año. Las épocas de lluvias y derrumbes en las carreteras, son el impedimento porque obstruyen el camino y perjudican el traslado de la carga. Los planes para el futuro es seguir trabajando con el mismo ahínco que le caracteriza. Este es su primer crédito con MFP y esta apta a pagar sus cuotas puntualmente ya que desea acceder a otros créditos posteriormente. El crédito solicitado, le servirá como capital para comprar café, caco, maíz y achiote a los campesinos.

About Peru

  • $6,715
    Average annual income
  • 122
    View loans »
    Peru Loans Fundraising
  • $55,277,200
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Edith to purchase coffee, cocoa, corn and achiote from farmers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2011
Listed
May 21, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012