A loan of $750 helped to make improvements to her home.

Narcisa's story

Narcisa, 58, is married and has three grown children. She works making and selling ice cream and tropical fruit juices. She is a hardworking, persevering and responsible woman with a great desire to help her family get ahead.

Narcisa started her business in 2009 and makes PEN 100 weekly. She works about 8 hours a day, 6 days a week. With the PEN 2000 loan that she will receive thanks to Kiva, Narcisa will invest in household improvements (building a room). Her dream is to have a bigger house so that she can improve her quality of life. Her loan officer believes that she is an excellent client and will make her payments on time.

Narcisa lives and works in Camaná, Perú, an oasis in the otherwise long, dry Sechura Desert that dominates the coastline in the Southwestern part of the country. Camaná was historically a major tourist destination in Perú, however, frequent and forceful earthquakes and tsunamis in the last decade (an 8.4 in 2001 and 8.0 in 2007) decimated the city, permanently destroyed Camaná’s tourism industry, and lost many their jobs, livelihoods, and homes. But the one upshot of unemployment is that it creates an environment primed for microfinance. Microfinance allows a jobless entrepreneur to realize their would-be microenterprises, like the one your client is pursuing today.

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Translated from Spanish by Kiva volunteer Hugo Reyes

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