A loan of $575 helped to buy ingredients for her dishes and to pay for improvements to her facilities.

Rosa's story

Rosa, age 61, is a hardworking and industrious woman. In addition, she is cordial and friendly. Rosa is married to Cayo, who works as a cook, and lives with him and her father. Her children are already grown and independent.

Her business activity involves selling food including breakfasts, lunches, and snacks. She performs her work from home, where she remodeled a space and opened her restaurant. Rosa is open for service in the mornings and afternoons. Her customers include travelers who pass through the area, neighbors, and friends. She started this business approximately five years ago with her husband, who is the cook, and with the use of a bank loan. Rosa enjoys her work because it enables her to earn an income for covering the household expenses. She had many financial needs and her husband was earning a low salary when he worked as a cook at another restaurant. Now she feels very relieved to have her own business. Rosa also has plans for expansion so that she can accommodate more customers.

This will be her sixth loan with the MFP organization. She expects this opportunity will finalize her plans. Rosa is very pleased with her Communal Bank because she considers her group to be unified and supportive. The amount of 1,500 PEN that she requested will be invested in groceries and ingredients for preparing her dishes. She will also make a few improvements to her establishment, such as repairs to the floors and walls, as well as acquire more chairs and tables.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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