Funded

Total loan: $525
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Raquel

Peru
HUANCAYO, Peru / General Store

A loan of $525 helped expand inventory.


Raquel's story

Raquel is 20 years old. She lives with her husband and son in the home of some relatives. A year ago she set up a space in her residence for the sale of office and writing supplies. Raquel works everyday and is always attentive to the things she needs to run her business. In order to take advantage of the space she also sells some ornaments and cosmetics, and with the sale of these items she increased the profitability of her business. Raquel looks to the future and wishes to relocate to a site in a more commercial area.

This is the second time she has a loan with MFP and she is very happy to be a part of her communal bank. She will invest the money she is applying for in the purchase of office supplies and sewing supplies.

Translated from Spanish by Kiva volunteer Joseph Tobin


Loan details

Loan length:

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

Lenders and lending teams



Loan details

Loan length:

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