Funded

Total loan: $1,075
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Lucia

Peru
HUANCAYO, Peru / Manufacturing

A loan of $1,075 helped lease land to extract clay and purchase sawdust, the main materials in making bricks.


Lucia's story

Lucia is 39 years old and lives with her three children in her own home. For the past 13 years she has made a living making bricks, using clay soil as her raw material. She pays for the right to extract it from lands far away. Her brothers help her in her factory and are in charge of making and distributing the products to various customers. When she needs to increase her production she has to hire workers, since the orders can be in the thousands. During this time she has seen her business progress, allowing her to cover her children's education, so she wants to continue with this work. This is her 19th loan with Kiva partner MFP, and she is very content in knowing that she has financial support since they know she is responsible with her payments. Furthermore she is pleased to be part of her community bank because of all the members she has met who are responsible and stick together. She thanks all those who are managing her loan request, which will be very useful for her business' progress. With the loan she is requesting, she plans to invest in paying to lease a new plot of land that has a good layer of clay soil, as well as purchase sawdust, since these materials are indefensible in producing bricks.

Translated from Spanish by Kiva volunteer Marty Greenstein


Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: October 18, 2010
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: October 18, 2010
Facilitated by Field Partner: Microfinanzas Prisma