A loan of $775 helped to purchase products for re-sale and to pay her meat purveyors.


Irene's story

Irene is 53 years old. She is an independent and hard working woman. Through her hard work, and thanks to help from her family and nephews (who currently live with her), she was able to build a wood-framed house. And so she is able to dedicate most of her time to her small grocery store that she set up in her home seven years ago. With the store located in home, she maximizes her earnings. It makes Irene very happy to help her customers because she has made a lot of friends through her store. Everyone likes her, even though she sometimes has to battle with some customers who take advantage of their friendship to request items on credit and take a long time to settle their accounts. Lately, Irene has had expanding the store on her mind. That way she would be able to meet her customers demands. It would be good for her to sell vegetables, beef and chicken, but only for the time being because in the future she wants to change the structure of her business, to have it well stocked just how she wants it. The is Irene's eighteenth loan and she is committed, like always, to being responsible and punctual. She is grateful for the confidence placed in her and happy with the way MFP has worked with her. Likewise, she is grateful for her communal bank and the mutual respect they offer one another. Irene plans to use the 2,000 soles (USD $775) to purchase more wholesale products and to make a down payment to the purveyors that will make it possible for her to sell the types of meat her customers prefer.

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Translated from Spanish by Kiva volunteer Marni Siegal


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