Funded

Total loan: $1,000
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Ronald

Peru
HUANCAYO, Peru / Call Center

A loan of $1,000 helped buy mobile phones.


Ronald's story

Ronald is 28 years old, and lives with his parents in his grandparent's house. For a year and a half he has worked providing a mobile phonecall service, at the gates of the university in his city. Each day he works early in the morning and during the afternoon, because at night he studies at university. In this way he sustains himself economically and can pay his education expenses. As well as this, he also rents sound equipment for social events, which has resulted in a profitable business. Because of which, in the future he is planning to establish it in an area where he can also have a telephone call centre. This is the third time he has had a loan with MFP. Ronald decided to renew his work commitment with his communal bank because he has been able to strike up a lovely friendship with each one of the members. The money he is seeking will be destined for the purchase of more cell phones which are the basic tools of his work.

Translator profile picture

Translated from Spanish by Kiva volunteer Jane McCrory


Loan details

Loan length:

10 months
Disbursed date: June 9, 2009
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: June 9, 2009
Facilitated by Field Partner: Microfinanzas Prisma