A loan of $600 helped to buy a larger number of products.


Bety's story

Bety, 29, is a good, friendly and very responsible woman. She lives with her partner with whom she has four children, two of whom are adults and independent, while two are still minors and, at 18 and 10 years of age, are still in school and dependent on her. Together they live in their own house where she shares her days with her partner, who works as hard as she does to provide the family with a better quality of life. Bety’s work is selling groceries; she buys wholesale when she gets the best prices and then sells retail, adding a percentage to her prices. In addition to this, she also rents out motor taxis, one to her son and the other to someone else and receives an income from each one. She has had her businesses for four years and she runs them alone, since her partner works elsewhere. What she likes about her work is that it permits her to manage and dispose of her time the way she wants. She states that it was not easy to start her businesses for she was overwhelmed by doubts and fears; nevertheless, little by little she worked harder and now she is very good at what she does. Her goal is to expand her grocery store and provide her customers with a greater number of products. This will be her 15th loan with MFP. She is very happy to know that she will have financial support since she will feel more assured of progressing in her business. She is again committed to making her payments on time. With the sum requested, 1,600 soles, she will buy products for her store and will also send her two vehicles for repair so they will be in better shape since they had deteriorated due to the bad state of the streets in her city.

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Translated from Spanish by Kiva volunteer Diane Chaney


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Loan details