A loan of $1,125 helped to buy soles, leather, thread, and glue.

Miguel's story

Miguel, 44, is a hardworking and dedicated man, in addition to being kind and cordial. He wants to have a shoemaking business. He lives with Narjil, a housewife and the mother of their three children: Dais, 18, Dayana, 15, and Luz, 14. Together they live in the comfort of their own home, which they managed to buy through mutual support.

The work Miguel does is shoe repair, a job he learned by taking classes and training workshops while he was working in a shoemaking business in another city. He does his work in a small rented space at the entrance to a shoe store, where he gives his customers quick and friendly service and is very much in demand. He began three years ago with his own capital, buying a sewing machine for shoemaking, and has worked alone up to the present. He considers his business quite profitable because of the profits it yields him. He also saw the opportunity to generate income for himself, because this service was scarce in that area.

Before starting his business he had financial problems because he was unemployed. Besides liking the work, he looked for alternatives to be able to support his family. Consequently, seeing the profits and the good results he is having now, he wants to continue his business and in the future open a shoemaking workshop.

This will be his second loan with the MFP institution, for which he hopes for your collaboration so he can continue with his goals.

With the requested loan of 3000 PEN he will invest in buying materials to repair shoes, such as glue, thread, and others, as well as shoemaking materials such as soles, leather, and others. He will look for low prices for buying in quantity.

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Translated from Spanish by Kiva volunteer Catharine Wall

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