A loan of $1,125 helped to buy basic household products to stock his grocery store.


Victor's story

Víctor is 57, and a hard-working, enterprising man, besides being warm and friendly. He is married to Alicia, who is a housewife. He lives with his wife and one of his children, who is 22, as the other two are on their own. Victor is a farmer, and has a six-hectare piece of land, of which he uses three hectares for growing yuca. Once the product is harvested, he sells it in the Lima markets, as well as in other markets in his area. He has hired four workers, whom he pays the amount of 20 nuevos soles for each day of work. He likes what he does, because he likes to work in the countryside. He says that he got started in this business because he needed a trade, and as he already had the basic knowledge, he put it into practice. As well, he has electricity in his rural home, so they feel more comfortable. His plan is to increase his income by setting up a store in his house, so that his wife can look after it. This will be his fifth loan with MFP. He feels thankful to receive the financial support for reaching his objectives. He also says that he is comfortable with the work of his communal bank, as he considers its members to be responsible people. With the amount of 3,000 nuevos soles that he has applied for, he will buy assorted groceries for launching his new store that his wife will run.

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Translated from Spanish by Kiva volunteer Jeff Goldie


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