A loan of $1,075 helped to buy beauty products and to fix her vehicle's engine.

Luz's story

Luz is 42 years old and a very helpful woman. She is separated from her husband and lives in her own home together with two of her four children. For more than four years she has been renting out her motorcycle taxi to close family members who pay her by the day to use it. Luz has been saving part of this money so that she can cover any repairs the motorcycle might need. She uses some of her money to deal with any problems the vehicle might have and uses the rest to educate her children in the hope that they will become professionals in the future and thereby improve their opportunities in life. In order to achieve this goal, she also started selling beauty products to her family members and friends in her neighborhood. This business is doing well. However, at the moment she doesn't have enough money to invest in it. She needs to have products in stock so that she can energize her business and make it more profitable. In the future, she would also like to rent a stall and sell sweet treats from it with her daughter's support.

This is Luz's 16th loan with MFP and she reaffirms her pledge to continue making her repayments on time so that she can access further loans in the future. Luz will use the loan that she is requesting to buy beauty products. She will also fix her vehicle's engine.

Translated from Spanish by Kiva volunteer Linda Oxnard

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Loan details