A loan of $775 helped to buy clothing and accessories for the Peruvian national holidays.

Carmen's story

Carmen is 33 years old. She is a nice, friendly, dynamic woman who is separated from the father of her three children. She wants to provide her children with a better quality of life. Carmen lives with her elderly father and her children. She provides the children with an education and an upbringing which teaches them values and prepares them as upstanding citizens of the future.

Carmen has been selling clothing from a stall in her town market for three years. She decided to start this business when she saw that her household was experiencing financial difficulties. She had the idea and then summoned up the courage and strength to see it through. She started selling clothing which she bought in the capital city because it was cheaper there. At first, she only sold a little and only to her neighbors. Over time, she was able to get hold of small premises and she now sells in larger quantities. She is very happy because her business makes her good profits which enables her to contribute financially to her household.

This is Carmen's seventh loan from MFP. She is very happy to know that she will have financial support because it will allow her to calmly make progress with her business plans. She pledges to make her repayments on time and, above all, to work well with the other members of her community bank who are very supportive people.

Carmen will use the 2,000 soles she has requested to buy all kinds of clothing and accessories so that she can get ready for the Peruvian national holidays and continue in her work, offering new products to her customers.

Translated from Spanish by Kiva volunteer Linda Oxnard

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