A loan of $1,175 helped to buy rice, preserves, and grains.

Jacinto's story

At 61 years of age, Jacinto is married to Cenobia. They have been able to provide a higher education for their 27-year-old son Niker. Jacinto and his wife live in a home that is made of solid materials. In order to grow as a family, they needed to develop an area of trade that they could offer in their town. As a result, they came up with the idea to open a grocery store so that they could meet the existing demand. They established their business in their home seven years ago and it has become one of the favorite shops in town. His wife is the manager of the business. Jacinto is always looking for new ways to grow the business despite the constant shortages that occur. For this reason, they utilized a small space in their house that could be used as a mini-warehouse so that they could buy in large quantities and overcome this challenge. The loan will help Jacinto carry out his short-term plans.

In the meantime, Jacinto looks to expand his business in the future with the support of MFP. For now, his main priority is buying products in bulk. He has already had 18 loans and is known for completing his payments on time. Jacinto would like to personally express his desire to continue working with his Communal Bank in a cooperative manner. His loan of 3,000 PEN will be used to buy sacks of rice, preserves, and grains so that he can keep his business continually stocked.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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