A loan of $575 helped buy 8 suits for her band's shows.


Raida's story

Raida, 55 years old, is a married woman and lives in her own home in the city of Tarma. She gave birth to 6 children and lives with only one, the youngest who is 13 years old. Ever since she got married, she has run a musical band called “Los Rolys Band”. Her husband is the director, and three of her sons play different instruments in the band. The repertory varies from salsa, merengues, to cumbias and more. Because of this, Raida and her musicians are constantly employed. “Since I’ve have been doing this for many years we are doing very well, and we have contracts until February of 2012,” she explains. Also, she mentions that at events like prom, weddings, baptisms, and birthdays they earn more income. “We play 2 time a week at least. For 7 hour shows we get 1400 soles, 600 of which goes to the musicians,” she says. Raida believes that her children and grandchildren will continue this business, which was inherited from her father-in-law who instilled the art of music in his sons. She hopes to see her grandchildren realize this dream if they so chose, but she will support them no matter what. Raida will be able to get a second loan with MFP with your help, and promises firmly to be punctual in making payments. In terms of working with the communal bank, she feels very comfortable. With the money from the loan she will be able to order 8 suits to be made for upcoming shows. She will invest on average 1800 soles, which she will add to her savings.

Translator profile picture

Translated from Spanish by Kiva volunteer Molly Jones


Loan details


Lenders and lending teams



Loan details