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Total loan: $2,525
Sol Naciente Group
, , Peru / Retail
Flag of Peru
Sol Naciente Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To buy products.
Sol Naciente Group's story
SOL NACIENTE María Elena is an enterprising woman who is aware that it's only through hard work that she can get ahead. Several years ago she went through some difficult times. She needed surgery caused by an infection and, once recovered, had to continue working to be able to support her little children. She began preparing breakfasts at home which she would then go out to peddle. This only produced enough profits to partially cover her household expenses. So, with the funding she plans to enlarge her business preparing not just breakfasts but other meals as well to try to earn additional income. María Elena is the group leader. Vilma is another active member who has sold catalogue beauty products for the past 2 years. In that time, she was able to make enough profits to be able to pay cash for her products and have ample stock available for her customers. Now she is able to help her husband with household expenses. Like María Elena, Gladys peddles breakfasts. Sometimes she doesn't have many buyers but she is optimistic and knows that she has a lot of competition so, she rises very early thinking of her son's future, and makes her best effort each day. The other group members have their various lines of work that, although they don't generate huge earnings, do contribute a bit to cover family expenses. They know that each day the situation becomes more difficult but, still, they have their families' well-being as their objective.
Translated from Spanish by Michael Bujazan, Kiva Volunteer