A loan of $1,000 helped to purchase parts for her motortaxi.


Monica's story

Mónica is 40 years old, and lives with her husband and their 2 kids, who are her best support during difficult times. The family has already overcome a few crises, but they have also shared big accomplishments, such as the construction of their house. Since she was young, Mónica has been involved in commerce, as she likes to invest her time in productive things. Currently, she sells second-hand clothes and cosmetics, but her most important job is administering her motortaxi, which she just acquired with the support of her son, who motivated her invest in the taxi. The taxi will generate enough money to get a post at the city market, where Mónica can sell her clothes, as this is now her favorite activity. Meanwhile, she keeps her taxi in good shape, and undertakes the necessary maintenance in order to avoid mechanical problems. This is her 13th loan with MFP, and her long-standing relationship with the institution gives her the confidence necessary to continue working with the people responsible for her development, such as her companions at her communal bank. The 1300 Soles that Mónica is asking for will give her the opportunity to acquire parts and oil for her motortaxi.

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Translated from Spanish by Kiva volunteer Scott Lucas


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