Funded

Total loan: $1,075
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Modesta

Peru
Lima, Peru / General Store

A loan of $1,075 helped buy cookies, sodas to stock her business.


Modesta's story

Modesta is 56 years old and is a very careful woman. She lives in her own home with her husband Faustino of 58 years of age and their 3 children (out of the 4 that she has in total). For many years she sold salchipapas (chicken and fried potatoes) in a central avenue in her district 3 blocks from her home. She worked and saved her profits and gave them to her husband who also put in his earnings to build their home little by little. 5 years ago she set up her grocery store leaving her previous business because it was too difficult. Since then, she sells every type of candy, sodas, and she also knits sweaters while she helps keep an eye on her daughter’s Internet Café that is next to her stall where she also sells her candy. Modesta is happy with her business because she works at home and is able to do her housework, which is why she would like to buy more candy as well as school supplies because of the school season. She would also like to have more yarn in her stock, to knit sweaters, baptism robes and other items for the winter season. This is her 16th loan with MFP (Kiva’s field partner) and promises to pay her quotas on time since she doesn’t want to deceive her partner in the loan with whom she works all the time to get ahead in life. Modesta every weekend buys merchandize like cookies, sodas, and with the loan she will buy the merchandize to keep working.

Translated from Spanish by


Loan details

Loan length:

8 months
Disbursed date: March 25, 2011
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: March 25, 2011
Facilitated by Field Partner: Microfinanzas Prisma