A loan of $950 helped to increase the inventory in her store.

Luz's story

Luz, age 19, is a diligent and hard-working young woman. She is very eager to excel and to build a better future. Her life partner, Darwin, is a mechanic. She lives with her life partner and her parents in their house.

She sells groceries. She established a small grocery store in her house. She arranged it and fit in all of the necessary and most requested customer products. She tends to her customers in a kind and friendly way. She started two years ago by purchasing in small quantities with her own capital. Upon seeing the positive results that she got, she decided to continue. She also sells soft drinks and cakes at the saw mills that are close to her house. Now her mother helps her tend to the public.

Seeing the need to have an additional income to cover her expenses and pay for her higher education, she looked for alternatives and decided on this business. Therefore, she plans on buying a greater volume in order to see her grocery store grow.

This is her third loan with MFP. She is happy to know that she will have financial support to advance with her business. She pledges to make her payments as she did with the previous loans. This way she will have access to more loans in the future. She says that she is comfortable with her communal bank. She knows the members, and she considers them to be responsible and supportive people.

She will use the requested 2,500 soles to buy general groceries in greater volume, keeping in mind her customers’ preferences. She will do this to have stock available.

Translated from Spanish by Kiva volunteer Ginny Kalish

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Loan details