Funded

Total loan: $575
Powered by 11 lenders

Elena

Peru
Puno, Peru / Hardware

A loan of $575 helped merchandise increase.


Elena's story

Elena, 31 years old, has always fought to get ahead and to improve her life. She lives in her own house. The 3 years that she has been in the hardware business have served to improve her life. She purchases the materials from the city of Oruro (city in the country of Bolivia) and moves them by land to Puno, to then distribute them to the city's different hardware stores. Elena enjoys traveling to Bolivia to bring the materials, since she amuses herself on the way, and hopes later to have her own hardware store where she can sell the materials that she brings herself, since the most difficult thing nowadays is to distribute the hardware, as the materials weigh a lot and are very difficult to transport. Now on her second loan, Elena, who always pays all of her payments on time, has decided to improve her business and feels that she has the support of the members of her communal bank. With the requested 1700 soles (Peruvian currency) she will increase her work capital to purchase more materials.

Translated from Spanish by Kiva volunteer Heather Nicholson


Loan details

Loan length:

10 months
Disbursed date: April 6, 2009
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: April 6, 2009
Facilitated by Field Partner: Microfinanzas Prisma