A loan of $275 helped purchase rice, sugar, milk, noodles, cooking oil, canned goods, etc.


Mercedes's story

Ms. Mercedes Z. is a member of the “Cajas Reales” Microfinance Institute, located in the Chucuito district of the Puno province, department of Puno. She is a 46-year-old married mother with 3 children. She completed elementary school and lives in the Chinchero Sector Central Community.


She has been working with the Manuela Ramos movement for many years through another microfinance institute, but she has been a member of this institute for 7 years. She started her business with a 300.00 PEN loan, which she used to purchase provisions.


At this time, she needs an 800.00 PEN loan to purchase rice, sugar, milk, noodles, cooking oil, canned goods, and other products for her general store.


Her biggest wish is to expand her store and have it well-stocked. She would also like to raise livestock.


She likes her microfinance institute’s activities and the way it helps her save.

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Translated from Spanish by Kiva volunteer Elizabeth Casian


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