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Nancy
View original language description ↓
Nancy has always liked selling to the general public, and for that reason, some time ago she opened a small store. However the cost of renting the location was very high for her means, so she had to close the store. This inconvenience didn’t stop her. Nancy opened a store in her mother’s house two years ago.


She began with just a sack of rice and another of sugar, and today, thanks to the financing from EDAPROSPO, she can offer her customers a large variety of groceries. With the income she not only invests in merchandise, she also can help her husband support their baby.

Now Nancy dreams of having a large grocery store.

Translated from Spanish by Cindy Kendall, Kiva volunteer.



A Nancy siempre le gustó atender al público, por eso, hace algún tiempo, puso una pequeña tienda. Sin embargo, el costo del alquiler del local era muy alto para sus posibilidades, por lo que se vio en la necesidad de cerrarlo. Este inconveniente no acabó con el gusto de Nancy, y hace dos años tiene una tienda en la casa de su mamá.



Comenzó con un costal de arroz y otro de azúcar; y hoy, gracias al financiamiento de EDAPROSPO, puede ofrecer a sus clientes una gran variedad de abarrotes. Con los ingresos no solo invierte en mercadería, sino también puede ayudar a su pareja a mantener a su bebé.


Ahora el sueño de Nancy es poder poner un gran almacén de abarrotes.

Additional Information

About EDAPROSPO

EDAPROSPO seeks to use micro-credit to foster productive commercial activity for the sake of economic and social development within vulnerable urban and rural sectors traditionally neglected by commercial banks. By offering innovative products such as technical education loans and microfinance groups for young people, EDAPROSPO helps disadvantaged Peruvians lift themselves out of poverty.

About Peru

  • $6,715
    Average annual income
  • 125
    View loans »
    Peru Loans Fundraising
  • $56,814,000
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Nancy purchase merchandise for grocery store.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 2, 2008
Listed
Jan 18, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 2, 2008