A loan of $1,125 helped to buy a motorcycle taxi and ingredients for preparing food.

Susana's story

25-year-old Susana is a determined and hard-working young woman who has a great desire to make progress in life through her own efforts. She is a single mother and has a 6-year-old son called Jockmer. They live together in their own home which Susana bought together with her ex-partner before they separated.

Susana's business is selling meals, soft drinks, hamburgers and pies which she makes to her own recipe. She prepares all her food in her mother's house as it is closer to her sales location. She also provides lunches to workers on a construction site at a school which makes her 25 orders a day. This gives her a regular, fixed income. She started her business with a loan from her sister who also works in this trade and who encouraged her, showing her the profits that the business makes. She started off preparing her food in small quantities, with a certain amount of trepidation at first, but when she saw how she was managing to sell all the food she prepared, she decided to keep going. She says that she has been in some financial tight spots in the past as she is both mother and father to her son who needs food and an education. Given this need, she looked for a trade that would make enough to support him. Now that she is making good profits, Susana would like her business to thrive and, in the future, she would like to open another business (a stationery store) in her home.

This will be Susana's fifth loan from MFP. She feels grateful to know that she will have financial support as this makes her feel more certain that she will achieve her goals. She feels happy to be a member of her community bank as she believes it to be a united and supportive group. Susana will use the 3,000 soles that she has requested to invest in buying a vehicle. She will buy a second-hand motorcycle taxi (which costs 2,000 soles). This will save her having to pay for transportation when she delivers her meals to her diners. She will use the remaining money to buy ingredients for preparing her food.

Translated from Spanish by Kiva volunteer Linda Oxnard

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