Funded

Total loan: $400
Powered by 16 lenders

Monica

Peru
PUCALLPA, Peru / Retail

A loan of $400 helped to buy women's accessories like hooks, bracelets and decorations.


Monica's story

Mónica, 22, is a young woman who very much wants to get ahead. She strives daily at work giving the best of herself for her family’s wellbeing since she became a mother very young and learned how life for her has been. She has two daughters with Nilo, a one-year-old and an 8-year-old. She lives in her own house with them and they struggle together to make progress.

Mónica sells notions. She starts out buying various items like hooks, batteries, handkerchiefs, decorations, menthol and many others. She then travels the streets of the city selling her wares hoping to sell a good enough amount to earn good profits. Her work is from place to place and she does it with help from her spouse. She’s been doing this work for 3 years. What she likes about it is being able to go through the city streets working with her spouse and strolling at the same time. She meets new people and starts new relationships that later become regular customers. She’s very happy because thanks to this work her family life has benefited with regard to basic expenses. She hopes soon to install a permanent stand in a market or at home to sell a wider variety and quantity of goods.

This is her second MFP loan and she thanks all those who make the loan possible and give her the opportunity to continue working towards her objectives. She’s committed to pay her installments very responsibly. She will use the 1,000 new sol loan to buy various feminine items like hooks, bracelets, decorations and others so that she can continue working.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz


Loan details

Loan length:

8 months
Disbursed date: September 11, 2012
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: September 11, 2012
Facilitated by Field Partner: Microfinanzas Prisma