Total loan: $775


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PUCALLPA, Ucayali, Peru / Manufacturing

Neyda's loan finished fundraising,
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A loan helped to buy tools and lumber.

Neyda's story

Neyda is 31 years old and is a brave and hardworking woman. She’s married and has two children, ages 8 and 10, whom she cares for because they are very young. She lives with her in-laws, along with her children and her husband. Neyda has worked in different activities, but for some time she has been selling furniture in small quantities. She buys large quantities from different furniture makers, takes them to her house where she has a small shop, and sells it on credit. She collects weekly, bi-weekly, or monthly, based on the customer’s ability to pay. She’s been working at this for three years and has her husband’s backing and help, since this work makes it possible for them to provide a better quality of life for their family. What she likes is that she considers this work fun. It also gives her free time to care for her children. Business is good because she sells quality products and she is well sought after by her customers because they know that they get a good product. She would like to consolidate her business and start her own woodworking workshop where she can make the furniture herself, with the help of her husband and others. This will be her 14th loan through MFP, and she appreciates all the people who make this loan possible, so that she can continue working with better results. She promises to make her payments on time, as with the previous loans. She also likes being part of her communal bank because all the members are responsible and united. She will use the 2,000 PEN from this loan to buy some carpentry tools, such as chisels and hand sanders. She will invest most of the money in lumber so that she can begin making the furniture.