A loan of $375 helped cosmetics for resale.

Erika's story

Erika is 21 years old and lives with her parents and siblings in a well populated area of the Peruvian mountain range.

She has been selling an internationally well known brand of beauty supplies for a couple of years. She likes this business because she knows that she is very persuasive. She is able to obtain products on credit and keeps a variety in stock. This allows her to supply customers during any “emergency.”

Her work is easy and she makes a good income. She is a very enterprising young woman and plans to set up a small shop in her home, where she will offer her merchandise, as well as other home and personal items.

This will be her first loan through MFP and she promises to make her payments on time, as she hopes to be able to receive additional loans in the future. Erika plans to use the money from this loan to invest in large quantities of beauty supplies to keep in stock and be able to offer her customers variety and quantity.

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Translated from Spanish by Kiva volunteer Hugo Reyes

Loan details

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Loan details