Expired

Total loan: $750
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Martha

Peru
PUCALLPA, Peru / Home Products Sales

A loan of $750 helped to buy groceries, clothes, and sandals wholesale, and to buy beauty products to increase her stock.


Martha's story

Martha, age 31, is a very happy and hard-working woman. Nicanor, her life partner, is a farmer. He is the father of their two children, 14 year old Kleper and 8 year old Karen. They live together in the house that took them a great deal of effort to buy.

Her business is selling varied merchandise like food, medicine, clothes, shoes, cosmetics, and others. She takes all of these items to the rural communities on the riverbanks. She learned this business from her father. She has been doing this alone for four years.

She started by purchasing small quantities, and she has managed to grow through a lot of effort. She likes what she does because it allows her to have the income needed for her household. She noticed the opportunity for her business because there is a big demand in the remote areas. The prices for products there are high, so she gets greater income.

What she does not like is that some of her customers ask for credit, and when it comes time to pay they delay. Even so, seeing how well-received her business is, she wishes for it to grow and to have a place in her house.

This is her third loan with MFP, and she hopes to realize her plans. Also, she says that she feels good in her communal bank. She knows the majority of her colleagues. New members are joining, and she hopes that they will be as responsible as the rest of the group.

She will use the 2,000 soles she has requested to buy groceries, clothes, and sandals wholesale. She will also buy beauty products to increase her stock.

Translated from Spanish by Kiva volunteer Ginny Kalish


Loan details

Loan length:

8 months
Disbursed date: May 11, 2012
Facilitated by Field Partner: Microfinanzas Prisma
Expired: July 3, 2012

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: May 11, 2012
Facilitated by Field Partner: Microfinanzas Prisma
Expired: July 3, 2012