A loan of $775 helped to increase her stock of beauty products.

Mercedes's story

Mercedes, 62 years old, is an experienced woman when it comes to businesses. She is also a happy and kind woman. She is married to Jorge, who is a shipping carrier and the father of their only son. Her and her husband live by themselves now since their son is independent.

Mercedes sells beauty products through a catalogue. She began after a friend's recommendation five years ago and since then, she depends on her husband's help, who transports her so she can make deliveries and take orders. She considers her business to be fairly profitable due to the income she earns. With this income, she can help her husband with household expenses. She likes to sell and make new friends, which then increases her customer base. Before she started this business, she had many economic problems. The money that her husband earned was not sufficient to cover their expenses. Now she plans to set up a spacious shop in her home where she can sell her beauty products as well as drinks.

This is Mercedes's second loan with MFP, and she is counting on this help in order to continue with her goals. She also promises to be punctual in making her payments, just as she was with her previous loan.

With the requested sum, 2000 nuevo soles, she will invest in buying more beauty products and increase her stock.

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Translated from Spanish by Kiva volunteer Amy Polenske

Loan details

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Loan details