A loan of $1,375 helped to buy strips of wood and boards, among other types of woods.

Nelly's story

Forty-two year old Nelly is a happy, plucky and enterprising woman. She lives with businessman Cayo, the father of her two children, Erick (19 years old) and Brayan (18). They live together in their house which they bought after a lot of hard work. Nelly works selling pre-cut wood, such as strips and boards for walls and floors. She buys the wood from the sawmills and sells it out of her house, where she has a space set-up for this work. She is friendly with her customers who now favour her with their business and she is highly recommended. With her own capital, Nelly started this work two years ago, when she sold wood in small quantities. Sales grew thanks to emand for the product. She is occasionally supported by her partner in the little spare time he has. Nelly thinks the business is quite profitable because of the profits she earns, which come from the warm reception she offers. Before starting this work, she was having financial difficulties with the rising costs of having children. She needed to support her partner with these costs, so she chose to take on this work. Seeing the positive results that she has had all this time, she would like to continue with her business. This will be her twelfth loan with MFP. Thanks to this communal bank, she is happy to count on the working capital they provide her, as this is how she will be able to fulfill all her pending orders. She assures us she feels comfortable with the communal bank, who consider each of its members to be united with and who collaborate with the bank. Nelly will invest this loan of 3500 Nuevos Soles in buying strips of wood, boards and other woods. This way she can maintain stock levels for selling during periods when prices are higher. Prices for this product vary according to the season.

Translated from Spanish by Kiva volunteer Iain Gaw

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Loan details