A loan of $725 helped to buy tables, chairs, and local handicraft decorations, to make her business a cozier place.

María's story

María, 55, is divorced and has four children. Two of her children are now independent and the rest are school-aged. They live together in their own house in the town of Quimbiri, located on the edge of the Peruvian rainforest. María notes that she started her own business, which is a bar/recreation space that has three tables and eight chairs. At first, it was difficult because her expenses were greater than her income. However, with time and thanks to the entrepreneurial strength that characterizes her, María's business grew slowly but surely.

Today, María's business is very well known in her town and she has many regular customers. The key factor has been the good service she offers, as well as the exotic drinks she serves. Sometimes, she hosts graduation or birthday parties, or any other type of event, as her establishment is well-designed for these types of parties. Two young women work for María, helping to serve the customers with efficiency and effectiveness. Her schedule is from 10:00 in the morning to 3:00 the next morning. For this reason, she feels happy with her work, as she has achieved good economic results. Nevertheless, in time she hopes to open her own clothing store, with the goal of diversifying her business.

This is María's eighteenth loan with Microfinanzas Peru. She promises to continue to comply with her repayment schedule. She is also satisfied with the good work of her communal group. With this loan, she plans to invest in improvements to her bar/recreation space. She will buy tables, chairs, and local handicraft decorations, to give her business a more innovative and cozy style.

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Translated from Spanish by Kiva volunteer Katie Kavanagh

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