A loan of $400 helped to buy groceries to stock her store, as well as cosmetics to sell and food for chickens.

Rosa's story

Rosa is 26 years old. She is a humble and hard-working young woman. Her partner of 9 years is Francisco, with whom she has three children, ages 8, 3, and 2, who are her motivation for working and her driving force to excel. Now she lives in the house of her mother-in-law, along with her children and her partner. Her brother-in-law also lives there with his children.

Her work consists of selling groceries in the store that she established in her home. There she offers everything that housewives need to prepare daily food, along with other ornaments and utensils. But in the last few weeks, she has seen the need to supply her business with hardware items, since her customers many times ask her for ropes, light bulbs, pipes, or keys that they need in their homes. She has had her little store for two years and works there with the help of her mother-in-law. Furthermore, she has also been working for seven months selling cosmetics, perfumes, and women's personal care and beauty accessories. She does this among her friends and people she knows. She sells on credit and make her collections in a reasonable period of time; in this way she recoups the necessary capital to restock her merchandise. What she likes is that she is earning what is necessary to cover the basic expenses of her household. It is going well for her, although really she wants to increase her income because she hopes to enlarge her business and have a better display of all the products that she offers.

This is her second loan with the MFP institution. She knows that she can fulfill the requirements of the organization and of her group, being responsible and punctual with her payments. Thus far the members of her group have given her a congenial welcome and offered her the necessary confidence to continue being a good member.

She will invest the amount she has applied for (1000 PEN) in the purchase of five perfumes and five talcum powders, whose prices vary from 35 to 40 PEN each. She will also buy a sack of rice and a sack of sugar, whose average prices are 150 PEN each, along with other groceries. She will invest the remaining amount buying water troughs and food for chickens, her other business.

Translated from Spanish by Kiva volunteer Pam McMurry

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