A loan of $725 helped to make improvements to her parents' home.

Letty Nancy's story

Letty is 34 years old, is single, and has no children. She lives in her parents’ house in the Jose Leonardo Ortiz district, near Chiclayo, the capital of the Lambayeque region in northern Peru. Her community is small, rural, young, and humble. It has running water and electricity and shows signs of additional growth. Letty teaches at an elementary school in the Chiclayo district. She wants to make some improvements to her home and buy some furniture, so she has seen fit to request a loan of 2,000 PEN through Edpyme Alternativa. Edpyme provides loans at a much lower interest rate than other financial institutions or informal lenders. This allows Letty to work calmly without damaging her liquidity. By making these home improvements, she will be able to provide a better quality of life for her aging parents.

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Translated from Spanish by Kiva volunteer Hugo Reyes

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