A loan of $975 helped to purchase more products to stock her store (groceries, drinks, provisions, candy, etc.).

Margarita's story

Margarita is 60 years old and married to Felix with whom she has four children, all of whom are independent. She and her husband live in a small rustic house located in the indigenous community Boca del Ipoki, Chanchamayo.

She has a grocery store on the main road at the entrance to the community, which is a strategic location and generates a favorable bottom line. She has had the business for 8 years. Previously, she was a farmer, however aware that her energy level was not the same, she decided to open her store. Her husband still works in the fields, cultivating coffee and cocoa. Moreover, as they neglected some of their parcels, they preferred to rent them to other farmers and thus not lose income.

“My store is doing well, because I also sell vegetables, meat, cheese, condiments and other items. Consequetly, I always have customers,” Margarita says proudly. She expects to have sufficient savings, a product of her business, so that she can assure herself a full life in her old age. Meanwhile, she will work as she always has, very carefully.

This is her third loan with MFP and she promises to repay it promptly according to the monthly timetable. “Sol Naciente” is the name of her communal bank, where she attends meetings and participates actively. She will invest this money in the purchase of staples like vegetables and meat, groceries, provisions, candy, soft drinks, etc. in order to stock her store.

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Translated from Spanish by Kiva volunteer Diane Chaney

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