A loan of $350 helped increase merchandise.

Nicida's story

Nicida is 20 years old, single, and has two children. Currently, she lives in the Palmapampa locality, located in the beautiful Ayacuchana jungle, where she has her own home. She is known for being an innovative person. Despite being advised by her close family and friends to not sell grocery items because there already existed shops that did, she decided to anyways, incorporating new products that her competitors didn't have. Nicida knows very well that financing is the first challenge to starting any new business. As such, she took on this new project with a lot of responsibility and seriousness in order to make it a reality. She also has experience in agriculture, having helped her parents since she was an adolescent, However, after having her first child, she decided to become independent, even though her parents continue to support her and her business. In general, she works from 6 am to 9 pm and even though her business has only existed for a few years, it is slowly obtaining very positive results. This is her first cycle with MFP and as such, she promises to continue paying her determined payments within the deadline. She also has a lot of faith in her communal bank by the seriousness with which everyone works. She plans to use the money that she has applied for to purchase merchandise with which to stock her grocery store.

Translated from Spanish by Kiva volunteer Tracy Quan

Loan details

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Loan details