A loan of $350 helped expansion of merchandise.


Irma's story

Irma, 34 years-old, is a hard-working and happy woman who lives in a rented room and is ready to work hard to get ahead.

Irma has a stand located in San José market (an important market in the city of Juliaca) where she sells toy cars for children. She is very happy with her business as it is very profitable and she has a lot of customers who are attracted by the original designs of her cars. What she likes the most about her job is conversing with her neighbor vendors at the market. She has been in this business for 8 years and for her the hardest part is bringing the toys from the city of Tacna (southern Peru), as the journey is long and tiring, and causes a lot of lost time in obtaining the merchandise.

In the future, Irma hopes to establish a larger store where she can sell many more cars more comfortably.

This is Irma's first loan with MFP, but she knows she must pay on time and be ready to pay it back. In her communal bank she is very responsible and makes sure the other members adhere to their commitments. With the 1000 soles from this loan Irma will buy more toy cars to improve her business.

Translated from Spanish by Kiva volunteer Kevin Credo


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Loan details