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Total loan: $1,000
Lima, Lima, Peru / Retail
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Martha's loan finished fundraising,
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A loan helped Purchase of merchandise.
Martha is 34 years old and lives with her two sons, Jerson, sixteen, and David, fourteen. Her husband is working in Chile. He sends her money from Chile for her household expenses. Martha sells beer. She became involved in this business in order to earn additional money to augment what her husband sends to her. She sells her beer at the sports field near her house. Every Saturday a large group of people gather there to compete in soccer. Also, from Monday to Friday, she sells beer from her house to her neighbors who are her principal customers. She keeps the beer cold in her refrigerator. This is a great source of income because she is the only person who sells this drink in her area. Everything is not great though. Sometimes she has to deal with people who don’t want to pay her which causes her business loses. These experiences have taught her that she needs to get paid before providing her product. Now her business has less loses and more income. Martha hopes that her business will continue to grow. She would like to have a store where she can also sell other types of goods. This is Martha’s fifth loan with PRISMA microfinance. She has always responsibly and punctually paid back her loans, as have her companions. With the money she is requesting, she will buy more products from the beer distributor close to her house.
Translated from Spanish by Esther Levandoski, Kiva Volunteer