Funded

Total loan: $750
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Saydhe

Peru
HUANCAYO, Peru / Vehicle Repairs

A loan of $750 helped to buy spare parts for cars.


Saydhe's story

Saydhe, 39, is married and the mother of two children. They live together in a rented house. Over five years ago she started selling spare parts for all kinds of vehicles. At the beginning, she started out with another kind of business but she didn’t do too well so she did a market study and decided to go into this line of work. She thus works daily at her sales stand which is located in a locale she rented to carry out this business. On the other hand, this work allows her to care for her children and tend to them when they have to go to school. Her business has required her to become knowledgeable and know every part and its use for the type of vehicle it was designed for. Most of her customers are mechanics that work in her neighborhood so she always requests these parts. Gradually her business’ demand has grown and this makes her feel very satisfied and motivated to continue working For the time being, she’d like to buy more spare parts and hopes to get the economic help to actualize her plans.

This is her first individual loan with MFP and she hopes to invest it in her business and to take advantage of the price opportunities she was offered. At the same time, she commits to be very punctual with her payments. She will use the requested loan to buy small spare parts at wholesale and a van gear box.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz


Loan details

Loan length:

14 months
Disbursed date: May 20, 2011
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: May 20, 2011
Facilitated by Field Partner: Microfinanzas Prisma