Funded

Total loan: $725
Powered by 25 lenders

Fanny

Peru
HUANCAYO, Peru / Clothing Sales

A loan of $725 helped to buy more clothes, to have more merchandise to offer her customers.


Fanny's story

Fanny is 25 years old. She lives with her partner and her child in her parents' home. She started working independently when she was very young. Her aim is to earn money honestly. She used to help her mother farm, growing peas and potatoes. Then she started a business selling beer but she was still looking for a business activity which was calmer and more profitable. For this reason, some months ago she started selling baby clothes. At the beginning she wasn't sure but there was a demand so she acquired some woollen outfits for babies and managed to sell them to her friends and acquaintances, thereby managing to increase her income. As she is a very enterprising woman, in the future she plans to set up a small store where she can sell baby clothes as well as other types of merchandise.

This is Fanny's eighth loan with MFP. She is happy to know that she has financial support and likes being a part of her community bank because all its members are responsible people who are very supportive of one another. She would like to thank those people who fund her loan as it will be very useful to her in making progress in her business. She will invest her loan in buying more merchandise, more clothes.

Translated from Spanish by Kiva volunteer Linda Oxnard


Loan details

Loan length:

11 months
Repayment schedule: At end of term
Disbursed date: October 25, 2010
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

11 months
Repayment schedule: At end of term
Disbursed date: October 25, 2010
Facilitated by Field Partner: Microfinanzas Prisma