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A loan of $750 helped to buy lubricants in bulk.

Davis's story

Davis, 32 years old, is a woman with a lot of work ethic, and she’s determined to get ahead for her family. She lives with Carlos who’s a motorcycle mechanic and father of their two children—Carlos and Carlita, 10 and 8 years old, who they love very much. Together they live in their own home along with her mother.

The business that Davis has is selling spare parts and providing shop services for motorcycles. In order to do that she has a multiservice store in a local shop that she’s rented where she tends to the orders of customers who trust her with the repair of their vehicles, giving them good service and the new parts that they need.

She began more than three years ago with her own money buying and selling in small quantities and eventually growing her merchandise stock with the income that she got. So far it’s been done with the support of her partner in the shop.

She considers her business to be very profitable because of the earnings that it generates and the demand that she has for her products since the area where her shop is located is very commercial and busy.

Deciding to start her own business, since she already had it going as a business project, and seeing how profitable it is was an incentive for her partner who encouraged her to increase her income but not her spending needs, looking to give their children a better quality of life. Seeing the good results that she continues to have, she wants to buy the house where she rents her shop, to save on rental costs, and also open another branch in order to see her business grow. This will be her 4th loan with MFP. Most of all she hopes for its collaboration in order to continue with her goals. She also says that she likes the communal bank because she considers it to be a united and collaborative group.

She will invest the requested amount of 2000 nuevos soles into the purchase of bulk cases of lubricants for her store, looking for the cheapest prices and also to get the most earnings.

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Translated from Spanish by Kiva volunteer Jodi Nelan

Loan details

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Loan details