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Marcelina
View original language description ↓
For more than 13 years, Marcelina worked at making shoes. There was a lot of competition however, and she had to give up this business.


Three years ago, together with her daughter, she decided to sell music CDs and DVDs as well as to make labels for their storage cases, and to sell these wholesale.


She currently has two sales points in central Lima. Her daughter is in charge of delivering the labels, and she also sends requests to the provinces. The loans she has applied for have been used to pay for printing costs for the labels.


Marcelina would like to have a computer store, which her brother-in-law has told her can be a profitable business.


Translated from Spanish by Molly Puglisi, Kiva volunteer.


Marcelina trabajó por más de 13 años haciendo zapatos. Sin embargo, había mucha competencia, por lo que tuvo que abandonar ese negocio.


Fue así que hace 3 años, junto con su hija, decidió vender CDs y DVDs de música, así como mandar a hacer las carátulas de los cases de los CDs y ofrecerlos al por mayor.


En la actualidad tiene 2 puestos de venta en el Centro de Lima. Su hija se encarga del reparto de las carátulas. También mandan pedidos a provincia. Los préstamos que ha solicitado le han servido para pagar los gastos de imprenta que las carátulas demandan.


A Marcelina le gustaría tener una tienda de computadoras, puesto que su cuñado e ha dicho que es un negocio rentable.

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

  • $12,000
    Average annual income
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,998,275
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Marcelina pay for printing expenses for CD and DVD labels.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 3, 2008
Listed
Jun 8, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 18, 2008