Check out some available loans that are similar to this one!
Maritza
View original language description ↓
Previously, Maritza sold beauty products by catalog. Nevertheless, at 45-years-old, she decided to start a business selling food. Always thinking about the well-being of her two children, she started to buy what was necessary for her restaurant along with her sister.


Little by little, they first invited their family members to the restaurant, then their close friends, who recommended their place. In this way, and thanks to their good service, they started to become known, and now they don't lack clients. On the contrary, sometimes she needs help keeping her supplies stocked, especially on weekends. Now, after 4 years, the dining room in her house is very small. With the goal of opening a location on the second floor of her house, Maritza and her sister work and even take orders because they need to gather a large sum of money.

Translated from Spanish by Tanya Harper, Kiva volunteer


Anteriormente, vendía productos de belleza por catálogo. Sin embargo, un día, a sus 45 años, Maritza decidió ingresar al negocio de la venta de comidas. Siempre pensando en el bienestar de sus dos hijos, junto con su hermana, empezó a comprar lo necesario para su restaurante.
Poco a poco, primero fueron invitando a su restaurante a familiares, luego a sus amigos cercanos, quienes a la vez, recomendaban el lugar. Fue así y además, gracias a su buen servicio, que se iban haciendo conocidas y ahora no hay día que le falten clientes. Por el contrario algunas veces necesita ayuda para abastecerse, en especial los fines de semana. Luego de cuatro años, el comedor de su casa ya queda muy chico.
Con el propósito de abrir un local en el segundo piso de su casa, Maritza y su hermana trabajan incluso a pedido pues necesitan reunir una suma fuerte de dinero.

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
  • 93
    View loans »
    Peru Loans Fundraising
  • $56,035,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Maritza to fix up the second floor of her house as a bigger location for her restaurant.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 4, 2008
Listed
Feb 17, 2008
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2009