Funded

Total loan: $375
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Elena

Peru
Lima, Peru / Food

A loan of $375 helped comprar ingredientes para preparar especerias.


Elena's story

Elena, 52, lives in her own house with her husband Orlando, 57, and their two adult children. For 12 years, this enterprising woman has sold spices at a stand she has at a market located in a highly populated area of the city. She likes her work, which she does from 8 in the morning until 1 in the afternoon. She also knows how to prepare good-tasting spices, and for this reason she has regular customers who do not doubt the quality of her products. This is why she has regular earnings from her sales.

One year ago, together with her family, she started a company making cotton clothing. She sells her clothing at a large emporium in the city. Elena is satisfied since this family business gives her a regular income that allows them to live comfortably. In the future she plans to expand the clothing business and hopes to continue making progress.

This is her seventh loan with MFP, and she promises to make her payments punctually since she is very grateful to all the people who made possible the loan that will allow her to continue working in search of progress. Elena plans to invest the requested loan in purchasing ingredients in bulk to continue making her spices. She will also set aside part of the loan for buying material to continue making clothing since, together with her family, they have already established their own brand.

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Loan details

Loan length:

10 months
Disbursed date: August 11, 2010
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: August 11, 2010
Facilitated by Field Partner: Microfinanzas Prisma