Check out some available loans that are similar to this one!
Emma
Emma, 25, lives with her husband and 4 children. She and her husband decided 8 years ago to set up their own brick factory. Before that, they had worked in other factories for other people. Now they work for themselves and reap the full reward for their labor. Starting very early in the morning, they both work hard making bricks, something that requires several steps. It takes 4 days to make thousands. It's a profitable business but seasonal and sales vary depending on the time of year. Sales increase substantially in March and April and, though the work is hard, those months are a good source of income that inspire the family to go on with the business. This is the third time that Emma has applied to MFP for a loan and she's been consistently responsible and punctual in repaying the loans. She's applying for a loan to buy logs and sawdust, materials necessary for making bricks. She will also pay part of the rent on the space where she operates the business. A truckload of sawdust costs 600 soles and she will pay for sticks and logs with the rest of the money.
View original language description ↓
Enma tiene 25 años, vive con su esposo y sus 4 hijos. Ella y su esposo, desde hace 8 años tomaron la decisión de tener su propia fabrica de ladrillos, antes solo trabajaban en otras fabricas de manera dependiente, ahora el trabajo para ellos es todo un esfuerzo bien recompensado, desde muy temprano ambos se esfuerzan para elaborar los ladrillos que necesitan todo un proceso para su elaboración, demoran hasta 4 días en producir millares. Esta actividad es muy rentable, aunque exista época de escasez de ventas, pero que son compensadas por las temporadas de abundancia que es durante los meses de marzo y abril, aunque el trabajo se torna sacrificado es una buena fuente de ingresos, que anima a su familia a continuar fabricando ladrillos. Esta es la tercera vez que solicita préstamo en MFP y hasta el momento ha demostrado responsabilidad y puntualidad en sus pagos. Solicita este dinero para la compra de troncos y aserrín, que son necesarios para la fabricación de los ladrillos, además pagará el arriendo de parte de espacio donde tiene su fabrica de ladrillos. La camionada de aserrín está valorizada en 600 soles, y los palos y troncos serán comprados con el dinero restante.

About Peru

  • $6,715
    Average annual income
  • 126
    View loans »
    Peru Loans Fundraising
  • $56,132,500
    Funds lent in using Kiva
  • 3.1
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Emma buy materials for brick-making business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 14, 2008
Listed
Nov 21, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009