A loan of $550 helped to stock merchandise for sale at corner shop business.

Judith's story

Judith, 39, lives in a house she owns with her husband, Jaime, 38, and their 4 children, two of whom are no longer dependent on her. Jaime is a bus [or, possibly, cab] driver. The family lives in a busy neighborhood in the north of Lima. Judith has operated a store in her house, selling everyday merchandise, for two years. She says that the business is stable and profitable and she needn't leave her own house to manage it. When she does have to go out, her children help her by manning the shop while she's away. She adds that she has gradually improved the business. She started with a few food products but now she sells a wider variety of products to her customers. Judith's store is the only one in the neighborhood and most of her customers live nearby. Her favorite thing about the business is meeting and chatting with her customers. Judith is an enterprising women and she's been planning, for some time, to stock the business with even more merchandise. She also wants to improve the shop's fittings so her customers can shop more comfortably. This is Judith's third MFP loan and she is committed to repaying it on time. She doesn't want anyone who has made this source of funding possible to give up on her. She knows that the loans have allowed her to improve her business and get ahead. Judith will use the loan to buy merchandise for her corner shop. She wants to sell the widest range of merchandise possible because her customers can't easily find the products they want nearby.

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Translated from Spanish by Kiva volunteer Jere Wiseman

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