A loan of $375 helped to purchase more apparel.


Fredy's story

Twenty-year-old Fredy is a hard-working young man with the desire to get ahead in life. He lives in his own home. The most well-known place for buying clothes is the city of Kimbiri, where Fredy runs his clothing stand. This is where he serves all his customers with kindness and courtesy. They visit his stand because of the latest fashions that he personally brings from the city of Lima in order to be able to sell his merchandise to his customers. What he likes most about his job is being able to advise his customers on what outfits they look best in since this is a way for him to amuse himself. He has been in business for 2 years, and he considers the hardest part of his job to be having to stay in his stand all day long, as he opens very early in order to work calmly despite all the competition. In time, he hopes to increase his inventory so that he can provide better service to his customers. This will be his first loan with MFP, and he feels very happy about it because he can continue to pursue his work plans. He is very grateful to have the opportunity to work with his microfinance group.

With the 1,000.00 PEN, he will be able to purchase more apparel to restock his shop.

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Translated from Spanish by Kiva volunteer Elizabeth Casian


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Loan details