Total loan: $1,050
Ayacucho, Ayacucho, Peru / Food
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A loan helped To buy products for her grocery store.
Josefina is 56 years old, married and has five grown children. She lives in her own house, which is located in the town of San Francisco in the exotic Peruvian tropical jungle. Doña Josefina is known for being bold in life. She has always taken risks when starting businesses. She used to grow cocoa and coffee, but she didn’t produce enough due to lack of capital. She then started a grocery store, which brings her good financial and emotional gains. Her husband sometimes helps her at the store, but she usually works by herself. Her husband works driving a taxi. In the future, she wants to expand her store in order to attract more clients. This is the first loan with MFP and she is committed to making her payments. She is thankful for the opportunity provided. With this loan, she is going to buy more products to increase her grocery store’s inventory and hopes to improve her earnings in a few months.
Translated from Spanish by Rina Paguaga, Kiva Volunteer