A loan of $975 helped to buy food for her workers and pay their wages.

Azucena's story

Azucena, who is 40, is not only a hardworking and committed woman, but is also friendly and sociable. She lives with Enel, a clerk, who is the father of their 2 children whom they love very much. They live comfortably together in their own home which they bought through a great deal of hard work.

Azucena's business involves loading wood-drying kilns for local timber companies. These huge metal kilns are used by wood processing companies to dry wood, which improves its quality and durability. With the support of her partner, who works in one of the timber companies which use these services, she manages to employ up to 5 people to help her. She set up her business more than 18 months ago using her own money and, so far, has run it single-handedly. She believes that the business is cost-effective because it generates good profits which have enabled her to cover her household expenses. When her partner, seeing a business opportunity, came up with the idea, she decided to set up the business to help him cover the household expenses and provide a better quality of life for their children.

Now, due to the good results she is achieving, she has plans to expand into selling clothing, another business which she knows can be profitable. This will be her 9th loan from the MFP institution. She is happy in the knowledge that she will have the financial support to continue with her business and is also grateful to her communal bank for the support it offers to people with businesses. She will use the 2,500 nuevos soles which she is applying for to provide meals for those she employs to load the wood-drying kilns and to pay their wages.

Translated from Spanish by Kiva volunteer Janice Crossfield

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