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A loan of $975 helped to buy sacks of rice and sugar, beverages, and sweets for her store.

Nilda's story

Nilda is 35. She lives with 3 of her 4 children in the house she bought two years ago in Yanamarca. For some years, she has been farming and raising livestock; however, a year ago she started to sell basic commodities in her grocery store. Every morning she opens the doors to her store to serve local residents. After a few hours, she closes the store and heads to her fields. While she and her neighbors tend the land, she also sells soft drinks, water, and juices. "It's my stable income, since I've found a way to continue to sell. After 8 a.m., the residents of my town head out to care for their plantings, so they are not at home, and I use this opportunity to continue selling," she says. She wants to increase her capital to offer a variety of foods.

She is a member of the communal bank “La rosa de Guadalupe,” and this is her sixth credit cycle with MFP. She is grateful for the financial support all these years because she was able to manage her money and make it productive. She also likes working with her communal bank and promises to make her payments on time. Nilda will use this loan to buy sacks of rice and sugar and buy wholesale beverages and sweets.

Translated from Spanish by Kiva volunteer

Loan details

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Loan details