A loan of $375 helped to buy cosmetics and household products.

Erika's story

Erika is 27 years old and lives with her parents in a house that they own. For several years, she has been selling cosmetics and household products. Erika offers her merchandise to people who she knows and live near her. Her method of selling is through catalogs, but she keeps some products in stock. Erika provides her customers the option to buy on credit, but sometimes they end up not paying for their products which is a great disadvantage to her earnings. At the moment, her business remains stable but she wants to stock up on merchandise for the upcoming season of parties and for unexpected events when people tend to request these products.

This is her third loan with MFP and she is very pleased to have achieved success in her business. She is very grateful to have a financial ally whenever she needs one. On this occasion, her loan will be used to buy more merchandise for this time of the year when her sales increase.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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