Funded

Total loan: $450
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Carmen

Peru
PUCALLPA, Peru / Fishing

A loan of $450 helped to purchase fishing nets.


Carmen's story

Carmen is 56 years old. She is a happy, friendly woman with a lot of business experience. Her partner Dennis, 54, is a fisherman. She lives with her parents, her partner and her two children, who are 19 and 16 years old. They live in a house that she, with the support of her partner, succeeded in building after many years of working.

Carmen’s business involves the sale of fish. She has a fishing boat which she takes to a river or lake, together with her partner and two helpers as well as all the fishing gear they need to do good work. Later she sells the catch, wholesale, to a market in the city. She has been doing this work for 20 years. Moreover, she has discovered in this routine an opportunity to sell second hand clothing because in the surrounding areas adjacent to the rivers where she fishes, the settlers ask her for garments. She buys clothing in commercial centers in the city and then sells it at each village she visits. She has had this business for two years. She enjoys both businesses since they keep her busy. However what she does not like, she says, is that sometimes she fails to catch enough to cover expenses, often due to a lack of fish or the rising rivers, but that does not discourage her.

This is Carmen’s second loan from MFP, therefore she is grateful to those who make it possible. She is very committed, one more time, to making her payments on time and she is very happy to belong to her communal bank because all the members are very good, friendly and supportive people.

With the sum requested, (S/. 1,200), she will by nets to continue fishing.

Translator profile picture

Translated from Spanish by Kiva volunteer Diane Chaney


Loan details

Loan length:

8 months
Disbursed date: May 31, 2012
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: May 31, 2012
Facilitated by Field Partner: Microfinanzas Prisma