A loan of $1,350 helped to buy furniture for her new hotel.

Erika's story

Erika is 31 years old. She lives in her parents' house with them and her siblings. For six years she has rented out apartments in the city of Lima. She bought her first apartment with some savings and a loan. Now she has various properties which she continues to rent. But now she wants to get into the hotel business. Her parents support her new objective and have offered her a house in the center of town, which she is starting to paint and redecorate. She hopes to open her new business soon.

This is her third loan with MFP. She likes working with her group and promises to make her payments on time. Erika will invest this money in buying furniture for the rooms of her new hotel.

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Translated from Spanish by Kiva volunteer Ellen Donohue

Loan details

Lenders and lending teams

Loan details