A loan of $975 helped to buy rice, bread, sugar, eggs, vegetables, wood, and nails.


Nilda's story

Nilda, 59 years old, is a nice and responsible woman. She is married and has six children who are now grown and only two that now live with her: one boy who is 31 years old and her daughter who is 27 years old. Together, they live in their own house. Nilda's work consists of retail selling of groceries, that is to say, she buys the products in great quantities and from there she sells them in small units.She has a small store installed in a space in her house, which she was able to construct due to the support of her spouse.

Among other products that she offers, she has rice, sugar, eggs, oil, canned goods, soft drinks, condiments, and others. Her schedule starts very early in the morning and ends at night. She has been in this line of work since she was 15 years old. Thanks to this job, she has been able to educate her children and outfit her house with some fixtures. In general, she works by herself and in some cases receives the help of her daughter while her spouse, son, and grandson work outside the home.

What she likes about her work is that she has time to do multiple activities inside of her home. It is going very well for her, since she always has customers to attend to, her income is considerable, and this allows her to purchase her products on a continual basis. For now, she prefers to continue with what she has, frequently purchasing the same quantities of products, but later she hopes to implement some changes in the infrastructure of her store.

This is her sixth loan with MFP. She was always a very good member in the community bank, where she is highly valued for being a responsible and supportive member. She thanks those who fill the loan that she requires to continue improving her business. The community bank is convinced that she will continue to be a punctual client and pay her payments on time, like she has in all of the loans she has had to date. With the 2500 soles (Peruvian currency), she will purchase a large quantity of groceries like rice, bread, sugar, eggs, and vegetables, among others, and she will also improve the infrastructure of her store with the purchase of wood and nails.

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Translated from Spanish by Kiva volunteer Daniel Lemon


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