A loan of $550 helped to buy fruit in bulk.

Charo's story

Charo, age 29, is a hardworking woman who is married to her husband Santiago. They have three children: Sergio, Jack, and Jean Pool. Charo and her family live in their own home in the city of San Ramón, which is in the central Peruvian jungle. In order to cover the household expenses, she began selling products that are native to the Peruvian jungle such as coffee, cacao, corn, beans, and annatto. Charo has the help of her husband. Thanks to the good earnings she has obtained, Charo was able to acquire two plots of productive farmland for growing coffee. She has produced good coffee beans this season. As a result, Charo was able to acquire necessary appliances for her home, where she lives comfortably with few problems. However, she is worried about her youngest son’s asthma. What she enjoys most about the daily work she has performed the past two years is visiting the farms and deciding whether or not to buy the fruit based on its quality. Going forward, she plans to establish a post at the oldest market in the city so that she can sell her products more quickly and in larger quantities. Claro is confident that her sales will happen more rapidly because she has connections.

She is a member of the Communal Bank “Gotitas de Rocío” (Little Dewdrops) and this is her fourth loan with MFP. Charo promises to be punctual with her payments so that she does not disappoint those who have trusted her. In addition, she is grateful for the opportunity to make progress. Upon receiving this loan, Charo will invest the money she requested in the purchase of fruit to sell in considerable quantities so that she can generate more income.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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