A loan of $400 helped buy fruit for resale.


Francisco's story

Francisco is 62 years old and is a hardworking man with a very jovial spirit. He has six adult children and currently lives alone in a humble home that he was able to build though his efforts. His business is selling fruit. His work begins with him buying regional fruits in quantity, mainly oranges and watermelons. He then peals the fruit and packages it up as fruit or juice. He does this on foot and also sets up in a shop. He has been doing this for 15 years and things have always gone well for him. He has been able to consolidate his wide customer base and this shows because he sells out every day. What he likes most about his work is that he is able to do other things in his home and use his spare time to do other jobs such as carpentry or masonry. What he doesn’t like is that at times he must go to the market early in the morning to be able to buy his products. He expects to continue working so that he can continue saving up so that he can have a peaceful old age in a business where he can work from home. This will be his 18th loan through MFP and he appreciates those who make possible for him to continue with his objectives. On the other hand he is very committed to making his payments on time, as he has been doing in the past. He is very glad to belong to his communal bank because the other members are good, friendly, and united. He will use the money from this loan (1,000 PEN) to buy oranges, mandarin oranges, watermelons, and grapes by the crate so that he can continue selling them. His daily investment is between 300 PEN and 500 PEN, depending on the season and the quality of the fruit.

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Translated from Spanish by Kiva volunteer Hugo Reyes


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