A loan of $475 helped to buy merchandise to sell in her business.


Ana's story

Ana is 36 years old and the mother of three children. Her oldest child lives with his father, while the two younger ones (ages 12 and 11) live with her and her current partner. Ana lives at her mother's house with her siblings. She strives very hard to provide a better quality of life for her children.

Her work consists of selling accessories as a street vendor. Among the items she offers are toys, necklaces, earrings, bracelets, and other items for little girls. She leaves her home every day and walks through the streets in search of customers. Ana has been working in this business for three years. She works alone and is now well-prepared to handle her job. When she started, she had many difficulties. Ana did not know what strategies to use to attract customers. Now she is good at what she does on a daily basis and is always getting better. She is grateful for her work because it enables her to make use of her time and she generates good earnings with an average return of 50% on her investment. In order to move forward, Ana hopes to open a store, but for now she just wants to increase her capital so that she can invest more into her business.

This will be her second loan with MFP. Ana is very excited to know that she will have financial backing. She promises to be a committed member who always submits her payments on time. Ana notes that her Communal Bank is starting to work well together, so she hopes that trend will pick up quickly. The loan amount of 1,200 PEN that she requested will be used to by merchandise to sell.

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Translated from Spanish by Kiva volunteer Ronan Reodica


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