A loan of $375 helped to buy more merchandise.

Juana's story

Juana, 64, is a kind, good woman who is very determined. She is single, but the mother of six children who are all adults and independent. She lives in her own house and decided long ago to work hard to educate and feed her children. They are now grown and help out with her expenses when necessary.

She is involved in three different business activities. The first is selling groceries which she buys wholesale to sell retail. Her average profit margin in this business is 25%. Her second job is working as a seamstress, making her own creations based on customer orders. Lastly, she raises pigs and has many, one of which is pregnant. What she enjoys about her work is that she has time to do all three and it is going well. She always has orders for pigs and they are selling at a good price. She hopes to be able to continue growing and have a larger space for more animals.

This is her tenth loan through MFP, so she hopes to continue with her objective to keep growing. She is happy with her communal bank since all of the members are responsible, which motivates her to be responsible in making her payments. She plans to use the 1,000 PEN to buy more goods for her grocery store. Also, she will buy balanced animal feed, vaccines and vitamins for the piglets about to be born.

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Translated from Spanish by Kiva volunteer Sherry Bess

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Loan details