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Total loan: $775
Huancavelica, Huancavelica, Peru / Food
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Juana's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to stock her grocery.
Juana, 52, lives with her husband, Elias. They have six children, two of whom are independent and living away from their parents. The other four children live with their parents in the Daniel Hernandez neighborhood, in a house that they own. Juana decided to open a grocery 4 years ago. She operates the business in a space in her house. She sells bread--hot from the oven--drinks, vegetables and--just recently--hanks of wool. Many of Juana's neighbors like to knit and now they can buy wool from her. She has managed to grow the business, bit by bit, and says that her goal is to expand because she "hasn't yet been able to stock all the merchandise" that she'd like to sell. Even so, she is happy with the progress she's made and is planning future improvements to the store. She knows what she needs, but she doesn't have enough money to carry out her plans. Her husband is a day laborer, doing farm work on various local farms, and all of his income goes to paying the family's expenses. This is Juana's 3rd MFP loan. She is grateful for your help because past loans have allowed her to improve her business and, in turn, her income. She knows that she has to repay this loan in the agreed-upon time to get future loans. Juana will use this loan to stock her store with snacks, drinks and other everyday merchandise.