A loan of $375 helped to buy tables, chairs, pots, pans, and food containers for the expansion of her restaurant.

Judith's story

Judith is 34 years old and a single mother with a 10-year-old daughter that she cares for like the most precious thing in her life. Judith lives in her parents' house in the city of Tarma.

She began her economic activity by opening a small grocery store at home. In time, she noted that it wasn't profitable for lack of capital, and for this reason, she approached her parents who helped her to open a restaurant. Judith has spent the last 3 months at her new trade. She sells a variety of dishes but only during breakfast, since having supplies for mornings, afternoons and nights would require a larger investment. In this manner, Judith has recuperated her initial investment and earns 40 to 50 sols daily.

At the same time, Judith was working in a state office as a receptionist, added income that helped positively in the development of herself and her minor daughter. But she had to leave that job because her business absorbed much of her time. Judith is conscious of the fact that if she wishes to continue to grow, she needs economic assistance, because her goals are clear: “I want to open a tourist restaurant selling typical food of the city to visitors,” she explains.

With our help, Judith will be able to obtain her 2nd loan through MFP. She promises to be punctual and constant in her payments. Judith needs to expand her restaurant, and for that purpose, she will use the money to buy chairs and tables, pots, pans, and food containers.

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Translated from Spanish by Kiva volunteer Harold Dana Sims, PhD

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