Total loan: $725
Ayacucho, Ayacucho, Peru / Agriculture
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Nola's loan finished fundraising,
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A loan helped Fertilizer purchase and home improvement completion.
Nola, 33, lives with her husband and their 3 small children in a small community located in the Peruvian jungle. Her business is cacao production and sales, and she knows her products are of good quality compared to her competitors. This is why she has a large clientele. She sells her products in large shopping centers in her locale and makes a good profit. She begins her work at 6:00 am every day and works until 6:00 pm, usually alongside her husband. She would like to open a convenience store near her home because there is no competition there and calculates she can turn a good profit there. This is her second loan with MFP and she’s committed to fulfilling her obligations of prompt payment. She does well at her community bank thanks to the support she receives from all of the members. Nola is thinking of investing the money she’s requested partially in fertilizers and in finishing her home so she can improve her family’s quality of life and comfort.
Translated from Spanish by Maya Wisnievitz, Kiva Volunteer