Funded

Total loan: $400
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Cruz

Peru
PUCALLPA, Peru / Grocery Store

A loan of $400 helped to buy all types of snacks.


Cruz's story

Cruz is 54 years old. She is a hardworking and dynamic woman who is also cheerful and sociable. She lives with Julián, who is employed and is the father of her 2 children. She loves them very much and they are her inspiration. They live comforatbly together in their own house. Cruz' activity is making and selling snacks. She makes them in a locale in her own house, with the materials she needs to make them, She sells them at the entrance to a high school at noon and is able to gain many customers because of her good service and variety of snacks. She has done this activity for more than 8 years and does it with the help of her children. She considers her business to be profitable because of the demand she has and the good earnings it brings in.

What she likes about her activity is the income it generates, and being able to help her family with the household expenses. She also likes the free tome she has whcih she can spend doing other things. Before staring this activity, she has a lot of financial problems. What her spouse made wasn't enough. That is why she works at this business.

She sells her snacks and she tells us that this activity doesn't lose money because it is a popular product. There is always a demand for it, and that is why she has plans to grow her business. This is her second loan with the MFP institution. She feels happy and grateful for the opportunity to have a line of credit to advance her business. That is why she is committed to making her payments.

With the amount she has asked for, 1000 nuevo soles, she will invest in buying all types of snacks and increase her available merchandise for sale to have more customers and income.

Translator profile picture

Translated from Spanish by Kiva volunteer Ellen Donohue


Loan details

Loan length:

8 months
Disbursed date: August 28, 2012
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: August 28, 2012
Facilitated by Field Partner: Microfinanzas Prisma