Funded

Total loan: $575
Powered by 17 lenders

Veronica

Peru
TARMA, Peru / Food Stall

A loan of $575 helped to purchase supplies in order to prepare food and to purchase an awning in order to serve her customers.


Veronica's story

29-year-old Verónica is a selfless mother. She separated from her partner three years ago and now lives with her 6-year-old daughter at her mother's house in the town of La Merced. Verónica works very hard. She runs a food business from her mother's house. In the morning, her mother is in charge of selling breakfasts and lunches, while she sells food in the afternoon. "I sell chicken broth, salchipapas (fried potatoes with hot dog), salchipollos (fried potatoes with chicken) and hamburgers, but the biggest seller is the chicken broth. I sell each plate for 4, 5 or 6 soles". Besides that, on weekends, she sets up a booth near a monument in her town, since it is a place crowded with both pedestrians and drivers. Therefore, she works Monday through Sunday, but this does not prevent her from taking care of her daughter, because she is an exemplary mother. On the weekends she gets help from a girl whom she pays at the end of each day. This way she provides faster service and gets higher profits from her sales. Verónica believes that the appearance of her improvised booth works against her. She would like to regularize her business and own a more appropriate venue. "In time, I will open my own store. I just have to keep on working", she concludes. Verónica is enthusiastic, because this would be her first loan with MFP, thanks to your help. For that reason she reports that she is punctual with her monthly repayments. By getting the money she will be able to purchase a new awning for her booth. She will also purchase supplies to prepare her food.

Translated from Spanish by Kiva volunteer Renata Wolff


Loan details

Loan length:

8 months
Disbursed date: November 22, 2011
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: November 22, 2011
Facilitated by Field Partner: Microfinanzas Prisma