A loan of $775 helped to buy various candy products.


Nelly's story

Nelly is 21 years old, and a woman with a great desire to succeed and offer a better quality of life to her family. She lives with her partner Segundo, who is an employee and the father of her only child. Together they are comfortably accommodated in her parents' house, living with her parents and her brothers. The work Nelly does is selling candy of various brands and packaging. For this, she sets up a table every day in front of a school near her home, where she serves all her customers in a very friendly way. A majority of them are students and young people who live in the area. She has been in this business for more than three years and so far has been doing it on her own. She says that she has financial problems, as even with the income of her partner, there is not enough to cover all their expenses. Therefore she wishes to help him by generating additional income. So, seeing how profitable her business is, and the earnings it provides, she wishes to open a grocery store in her home, so that this way she can look after her youngest child. This will be her fifth loan with the MFP institution. She is happy to know that she will have financial assistance to make her plans a reality. Therefore she promises to be responsible in paying her installments as with her previous loans. In addition, she says she is happy with the communal bank because of the help they have been giving her through access to loans. With the amount applied for of 2,000 nuevos soles, she will purchase candy of various flavors and packaging for stocking her business, seeking low prices for her purchases in cash and in bulk.

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Translated from Spanish by Kiva volunteer Jeff Goldie


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