A loan of $400 helped to buy preserves, basic grains, and canned goods.

Paulino's story

Paulino is a 56 year old widower. Because of the irreparable loss of his wife he was the only support for his six children. He is now very proud of having given them all of the support they needed. With the effort that he is known for, he managed to build a house of strong materials for his children. They are now adults, they join him, and they form a great united family.

Ever since he was very young he came to this part of the jungle in order to improve himself and to look for a better life. When he did not get land for crops, he felt it was necessary to get involved in the rural transportation business. That is how he has been working for 15 years. It has been the best way to support his children. However, he needs to be ready to work at any time, making his work self-sacrificing yet rewarding. Even so, during the rainy season the access to routes is more complicated than normal.

With his collective efforts of many years, he wishes to expand his small grocery store. His daughters will be in charge of it. They store will sell basic needs items like preserves, among others.

Afterwards he will exchange his vehicle for one with a greater capacity in order to continue working as a driver.

He has been part of MFP for 14 loans. He has always demonstrated responsibility in making his payments. It motivates him to belong to his communal bank because it was always a good way of working with microloans.

He will use the 1,000 soles to buy merchandise to implement his store with things like preserves and basic grains.

Translated from Spanish by Kiva volunteer Ginny Kalish

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Loan details