Funded

Total loan: $575
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Cory

Peru
PUCALLPA, Peru / Home Products Sales

A loan of $575 helped to buy clothing, shoes, and feminine accessories to sell.


Cory's story

Cory is 25-years-old and is an honest, joyful, and hard-working woman. Her partner is Ronualdo and they have been together for three years and have a three-year-old son. They live very happily in the house that they bought with their work savings and there they share the hope of obtaining a better level of life, full of satisfaction.

Cory works selling clothing items from different brands, styles, and sizes for all ages and for men as well as women. In the same way, she sells shoes. She renews all of her merchandise every 15 days or every month. She orders it from another city through the help of a family member. She has worked in this business for three years and began complementing it with the sale of feminine accessories like earrings, rings, and watches two months ago. At times her sales have stalled because she has been unable to stock enough merchandise. What she likes best about her work is the ease she has in finding new customers. Her charisma and joy have allowed her to make good sales in short time and as such, the money she has earned as income is generated faster. It also allows her to organize her time and do her household chores without neglecting her young son or her customers. In the future, she hopes to obtain a storefront where she could open a small boutique to continue progressing.

This is her eighth loan with MFP and she is very happy to know that she has financial support as it makes her feel more secure to advance in her work. She promises, once again, to meet her payments punctually as she did with her past loans. She is also very happy to belong to a communal bank as all of the members are very responsible and committed to each other.

With the amount she is requesting, she will buy a larger quantity of merchandise made up of clothing and undergarments for the summer season. She will also invest in more feminine accessories (rings, watches, and necklaces) to complement her business.

Translated from Spanish by Kiva volunteer Anna Ruby Waxham Blackwell


Loan details

Loan length:

8 months
Disbursed date: May 18, 2012
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: May 18, 2012
Facilitated by Field Partner: Microfinanzas Prisma