A loan of $575 helped to buy sugar, oil, flour, starch, and butter.

Jessenia's story

Jessenia, age 23, is a hardworking woman who has tremendous desire to succeed. She is in a common-law relationship with Michel, who is a merchant and the father of their three-year-old son Moisés. Jessenia lives comfortably with her partner and child in their own home which they purchased through much effort. Her business involves preparing and selling sweets such as cakes and cupcakes. She learned how to prepare these treats from her mother. Jessenia makes delicious cupcakes, donuts, sweet rolls, and other items to sell from her home and as a traveling merchant. She utilized a personal loan and her partner's savings to begin preparing and selling sweets. Her business has been in existence for more than seven years. In addition, Jessenia sells fruits, but the constant rains have halted her momentarily, so she will resume this activity later. She is grateful that her business allows her to earn an income for supporting her children and that she has a career since she did not have the opportunity to finish her studies. Now she wants to invest her capital and open a small grocery store in her home.

This will be her second loan with the MFP organization. She is grateful to have the opportunity to access a line of credit for accomplishing her goals. In addition, Jessenia says that she feels comfortable with her Communal Bank because she knows most of the members and considers them to be responsible and supportive people. With the loan of 1,500 PEN that she requested, Jessenia will invest in the purchase of ingredients for preparing sweets such as sugar, oil, flour, starch, butter, and other items in bulk so that she will have better profit margins.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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