Funded

Total loan: $275
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Rosa

Peru
PUCALLPA, Peru / Retail

A loan of $275 helped to buy toys, necklaces, bracelets and other accessories.


Rosa's story

Rosa, 36, is a kind, hardworking woman. She lives with Ronald and they have four children together. They live in their own house. She works hard to be able to provide a better quality of life for her children which is why she works selling novelties. Her stand is a space on the sidewalk in front of a school. Among the things she sells are toys, necklaces, earrings, bracelets and clothing accessories especially for girls. She heads out daily to look for a school to sell her novelty items at. She considers her business to be profitable because she earns on average 50% on her investment. She also comments that she had many difficulties when she first started the business; she did not know how to approach customers but now she knows how to manage the situation well and convinces people to acquire her products. She hopes later on to have a store but for now wants to make her business grow to earn higher profits. This will be her second MFP loan and she’s very happy to know that she’ll have financial backup to continue with her investment. She will use the 700 soles to buy merchandise among which will be toys, necklaces, bracelets and others to sell.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz


Loan details

Loan length:

8 months
Disbursed date: October 16, 2012
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: October 16, 2012
Facilitated by Field Partner: Microfinanzas Prisma