Funded

Total loan: $375
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Nolberto

Peru
Lima, Peru / Weaving

A loan of $375 helped to maintain and buy replacement parts for his knitting machines.


Nolberto's story

Nolberto is 55 years old, a responsible head of household, who lives in a house he owns with his wife and 3 children. For many years, Nolberto had dedicated himself to knitting sweaters. He had to stop in order to find work that was more profitable since he was determined to build his own home, which he finally managed to do.

He still has his knitting machines to this day, and is thinking about returning to his original business since some old customers in the Peruvian mountainside have asked him to make them various types of traditional garments. He is the only one who knows how to make these types of garments.

Nolberto has since been very motivated, and says that the conditions in his home permit him to work more comfortably in this type of labor. In the future, he would like to install a knitting workshop in his house, and seek out new markets in order to capture more customers to sell his items to.

This is his first loan with MFP, and he knows that the support he will receive will be very beneficial in developing his business. He is thinking about using the requested loan to maintain and change parts on his knitting machines.

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Loan details

Loan length:

12 months
Disbursed date: October 27, 2010
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: October 27, 2010
Facilitated by Field Partner: Microfinanzas Prisma