A loan of $375 helped to buy pans, plates and spoons wholesale.

María Magdalena's story

María is a member of the Sarita community bank. She is 40 years old and lives with four of her five children. Three years ago María's husband died and she had to face the challenge of raising her children completely on her own. She is requesting this loan for her business selling kitchenware. She buys pans, plates and spoons wholesale and then sells them as an itinerant vendor. She says that she always tries to have a selection of products in stock.

María has been working with FINCA Peru for more than 15 years. When her husband died she took a year out and then returned when she was able to overcome her loneliness. Although the absence of her partner caused her a lot of suffering, she never fell into debt. What María most enjoys about her community bank meetings are the values of punctuality and responsibility that are instilled into everybody and the friendships that she has with her fellow group members.

María's eldest son is in Huancayo, finishing his degree so that he can become a teacher. María is saving up so that she can cover the last remaining payments for his studies. Through FINCA Peru, María saves for her children and says that, thanks to this support, she is always able to provide food for her household and cover her children's transport costs. María always bears in mind that the most important thing is to always work with happiness and love and that, with this outlook, everything turns out well.

Translated from Spanish by Kiva volunteer Linda Oxnard

Loan details

Lenders and lending teams

Loan details