A loan of $950 helped to buy rice, sugar, oil, and other items.


Ida's story

Ida, age 43, is a hardworking and industrious woman who has tremendous desire to move forward. She is married to William, who is employed. Ida lives comfortably with her husband, three children, two daughters-in-law, and two grandchildren in a home of her own. She has a business selling food such as “juanes” (chicken and rice wrapped in banana leaves), fried chicken, fried rice, and other dishes. Ida sells in front of her house where she has set up small tables and chairs. She provides very friendly service to her customers, most of whom are neighbors and pedestrians. Ida has been in business for 10 years and has become well-known since her food is in demand. She manages the business with the help of her daughers-in-law. Ida enjoys this business because she is able to generate a financial income to support herself and help with the household expenses. As a result of the high demand for her dishes, she is able to see daily earnings and save up her capital. Now she plans to open a motorcycle rental shop so that she can increase her earnings.

This will be her sixth loan with the MFP organization. For this reason, she hopes that a small loan will enable her to accomplish her goals. In addition, Ida gets along well with her Communal Bank and considers them to be a united and responsible group. The amount of 2500 PEN that she requested will be invested in the purchase of ingredients for preparing her dishes such as rice, sugar, oil, and other items.

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Translated from Spanish by Kiva volunteer Ronan Reodica


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