A loan of $575 helped to buy ingredients.

Jackeline's story

Jackeline, 27, is a hardworking, enterprising woman in addition to being cordial and kind. She’s separated from the father of her son, Collin, 4. She lives with her brother and her son who she loves very much in her own house. Jackeline’s activity is selling food all day, a business she carries out in front of her house. She started it with an MFP loan. She sets up a table in her front porch every day to take care of customers. She started four years ago with help from a young woman who is her helper; she pays her 50 soles a week. She temporarily suspended this business because she managed to secure a job and signed a contract as a teacher; this will allow her to have steady income.

She likes her business because it’s brought her economic and personal satisfactions because she had many economic difficulties because the child support she gets from her son’s father is insufficient and that’s why she decided to start a business and seeing that it was profitable decided to continue with it. Now that she has the opportunity provided by her having a steady job she hopes to have time to restart her business.

This is MFP loan #4 so she now has a small loan available to reach her objectives. She feels good in her communal bank because she considers the group to be united and supportive. She used the requested 1500 new soles to buy ingredients to prepare food. She wanted to increase working capital and was able to get better prices because she bought in volume.

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Translated from Spanish by Kiva volunteer Polliz

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