A loan of $1,150 helped to purchase a bag of rice, sugar, five boxes of milk packaged in small cartons, bread, eggs, oil, bananas, onions, flour, cookies, canned tuna, sausage and other products.


Lola's story

Lola, 65, is a very hardworking woman. She has been single for many years and has two children with whom she lives along with a grandson, in her own home, fighting to get ahead. Lola's work is in grocery sales. She has her small business set up in her own home. She devotes herself full-time to carrying out this function and is quite satisfied with her sales. She works alone while also taking care of basic tasks in her home. She stocks her business on a weekly basis, making her purchases in the downtown shopping centers of the city with the help of her son. She has been doing this work for five years. What she likes about her work is that she produces financial income without this demanding an excessive effort from her. Additionally she has time to be able to help her little grandson with his homework from school. It's going well for her since she has good earnings that allow her to make her payments on time. She hopes to be able to expand her business and start to save up in order to invest in some improvements to her living conditions in the future. This is the 19th group loan with MFP. She is very happy to know that she has financial support so she can keep increasing her working capital. She is also sure she will keep on being the same timely and responsible member when it comes to making payments as she has been in the previously acquired loans. She is glad to belong to her work group since all the members are responsible and mutually supportive. She will invest the entire amount requested of 3,000 Peruvian soles in the purchase of groceries such as a bag of rice, sugar, five boxes of milk packaged in small cartons, bread, eggs, oil, bananas, onions, flour, cookies, canned tuna, sausage and other products.

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Translated from Spanish by Kiva volunteer Meg Wolfe-Roberts


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