A loan of $400 helped to buy clothing in bulk.

Milagros De La Cruz's story

Sra. Milagros is a member of the Communal Bank “Fruto Bendito”, which is located in the District of Manantay in the Department of Ucayali. She is 27 years old, married, and has three children.

Milagros has been working with the loans from Manuela Ramos for some time. She sells new clothing and her sister helps by selling from a cart. All of her merchandise is delivered.

With this new loan of 1,000 PEN Milagros will buy 10 pairs of shorts, 12 shirts, 6 trousers, 12 pullovers for children, 12 pullovers for adults, and 6 pullovers for women. Her business is still small, but with this loan she will be able to buy merchandise by the dozen so that she can earn more.

Milagros wants to have more capital so that she can acquire more merchandise and remain stocked. Her husband is a self-employed worker and with what little he earns they are able to cover the household expenses.

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

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Loan details