Funded

Total loan: $375
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Oswaldo


A loan of $375 helped to buy more candies to supply his business.


Oswaldo's story

Oswaldo, who is 26 years old, is a very happy, dynamic and entrepreneurial man. He lives with Silvia, who is a merchant. He lives with his partner and his three young children in his own house which he was successful in constructing with the support of his partner. The work performed by Oswaldo is the sale of candies, which he does at the door of a school located near his home which has been operating for 3 years. He is still very popular with the young students from the school and those who pass through this area to whom he serves in a friendly manner and with joy, with the help of a young lady in the front office regarding customer service. What he likes about his work is that it permits him to make an income that allows him to pay the expenses of the home, and which gives him time to see his children. He told us that because the activity is profitable, he has plans to open a candy store in the commercial district, where there currently is none. He will be a pioneer and bring this facility to residents who will have a store in this line of business, and moreover, this way he can make more revenue. This will be his first loan with the institution MFP, he likes the group very much because he feels that they are responsible. He is grateful for the trust given by the institution, in exchange for which he agrees to be punctual in his payments. Moreover, he awaits your collaboration so that he can nail down his plans. With the loan of 1,000 nuevos soles he will buy candies generally at the best price to supply his business, he believes that the greater variety will increase his business and he will obtain larger profit margins.

Translated from Spanish by Kiva volunteer Emily Hildreth


Loan details

Loan length:

10 months
Disbursed date: November 28, 2011
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: November 28, 2011
Facilitated by Field Partner: Microfinanzas Prisma