A loan of $450 helped to buy school shoes and uniforms.

Socorro's story

Socorro, age 30, is a single woman. She lives with her mother and her daughter, Luisita. She takes care of them in her own house in El Tambo.

Her primary financial income centers around selling clothes. She has fixed customers, whom she visits all of the time. She says that her customers give their orders to Socorro, and she buys the garments in order to be able to fill their orders. There are times when they pay her in advance, but other times she needs to deliver the clothes for cash. She understands all of her customers as she has the advantage of being very charismatic and very supportive.

At the same time that she does this work she also sells beauty products by catalog. She sells well-known brands of lipstick and perfume. Also, in the mornings she is employed to work in a house. She makes the food and does the cleaning. That is where she gets a monthly salary, with which she is able to cover the rest of the family expenses. She takes care of her elderly mother. She gets payment from her siblings as they contribute for their mother.

This is her fourth loan with MFP. She is happy that she has the money she needs to improve her business, which will improve her quality of life. She likes belonging to her communal bank because the members are supportive and hard-working people. Upon receiving your support Socorro will use the requested loan to buy school shoes and uniforms in order to stock up for her customers’ orders.

Translated from Spanish by Kiva volunteer Ginny Kalish

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Loan details