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Faustina
Faustina is 48 years old and married to Augusto, 51, with whom she has six children that she wants to offer a better quality of life. The house where they live is their own, as they were able to buy it thanks to their daily work. Faustina and her husband have been able to succeed through the sale of wood. This is a good business for them, as the people in their locality always require lumber for building their homes or for carpenter’s workshops. They have been doing this work for 5 years but, in the future, they want to have a workshop for making furniture and also to continue selling wood.

This is her fourth loan with MFP. She has been very punctual with her previous credits, and also hopes to do the same this time. She is well liked by the other members of her cooperative bank given her responsible nature and character. With this 2,000 Peruvian soles, plus money she has saved, she will be able to buy more wood to continue her work.
View original language description ↓
Faustina tiene 48 años, está casada con Augusto, de 51 años, con quien tiene seis hijos, a quienes les desea ofrecer una mejor calidad de vida. La casa donde viven es propia, la llegaron a comprar gracias a su trabajo de cada día.
Faustina y su esposo han logrado sobresalir en la venta de madera. Este es un buen negocio para ellos, ya que la gente de su localidad siempre requiere de madera para la construcción de sus casas o para las carpinterías. Esta labor la realizan hace 5 años, pero para el futuro, desean tener una carpintería para elaborar muebles, y también seguir vendiendo madera.

Este es su cuarto crédito con MFP, ella ha sido muy puntual en sus anteriores créditos y espera serlo también ahora. En su banco comunal es una socia muy querida por el resto de los integrantes debido a su responsabilidad y carácter.
Con estos 2,000 nuevos soles, más dinero que tiene ahorrado, podrá comprar más madera para seguir con su trabajo.

About Peru

  • $6,715
    Average annual income
  • 124
    View loans »
    Peru Loans Fundraising
  • $56,823,625
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Faustina to buy more wood to continue with her work.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 31, 2012
Listed
Sep 11, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 20, 2013