A loan of $750 helped to install a well to have water all the time for her boarders.

Dora's story

Dora, age 58, is a diligent and hard-working woman with many desires to do well, besides being happy and extroverted. She is married to Noah who is a teacher and the father of her children, Alex, Carlos and Luis, ages 32, 30 and 28 respectively. Together they live in their own house that they bought with their savings of many years. The activity that Dora carries out is renting rooms and houses. She has land where she built two houses, one which is rented and the other with small rooms to rent, all occupied. Her business was started 3 years ago with capital from her own savings, that she invested in their house thinking about their future including the support of their children that help her with the administration. She considers it a quite profitable business due to the demand and that all her room s are occupied, and that it is work that does not need a lot of physical effort. She decided to begin her business seeing that she was getting advanced in age and had the need to earn her own income to live on since she would not have access to employment or retirement. Seeing the opportunity for the business, and the profits that it is achieving she is encouraged to invest in the purchase of more land to build a tourist hotel in the future. This will be her 12th loan with MFP. She is grateful to know that she can continue to count on financial support to advance with her business. Besides she tells us that she is comfortable with her communal bank where she knows its members and considers them to be kind and responsible people. With the requested total of 2000 new soles she will invest in the purchase of a pump for water valued at 1500 new soles to offer good service to her boarders so they will have permanent water service. With the balance she will pay for the expenses of installation.

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Translated from Spanish by Kiva volunteer B Brown

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