A loan of $375 helped to buy beauty products to meet her customers' demands.

Teresa's story

Teresa is 41 years old. She is a very cheerful and enterprising woman who lives in her home together with her 19 year-old son for whom she works hard every day. Her son is a University student and Teresa takes advantage of this in order to sell beauty products and jewelry to his fellow students. Her business is doing very well and she makes good profits.

Teresa enjoys her business a lot because she doesn't need to invest extra time in it. On the contrary. She makes good profits which cover her transportation costs and pay for her son's studies. By continuing in this way, she is certain that she will be able to provide her son with a complete education and help him become a successful professional. Teresa feels happy for herself as well because her own career was put on hold for many years but she has taken it up again and will soon practice it. Consequently, she doesn't hesitate in throwing all her energies into achieving this and, over time, she hopes to increase her capital and expand her cosmetics and jewelry business.

This is Teresa's 20th loan from MFP and she pledges to make her repayments on time so that she can access further loans in order to grow her business. Teresa will use the loan that she has requested to buy more beauty products so that she can fill some pending orders that she has from her customers.

Translated from Spanish by Kiva volunteer Linda Oxnard

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