A loan of $475 helped to buy an electric oven, flour, eggs and milk.

Luz's story

Luz, 45, is a hardworking, enterprising woman. She lives in her own house with her son who is attending school in Lima but is on vacation now. Luz’s work consists in selling cakes in various flavors like banana, chocolate, milk and orange. She heads out to the Yarinacocha District market to sell her products every morning. In the afternoons, she buys the various ingredients needed to make her delicious cakes. She’s been in this business two years and is doing very well.

Being alone and caring for her son’s wellbeing is what led her to start this activity and it’s become profitable because of the large number of customers she has. She’s recommended for the good flavor and she also makes birthday cakes. Prior to starting this activity, she used to sell groceries but didn’t do too well because of the location of her store which is why she decided to change her line of work. She hopes in future to have a locale of her own that has a suitable environment for comfortable customer service.

Therefore, this will be her 3rd MFP loan and she is very grateful to the institution for letting her be part of this group that supports each other and also because she now has back-up capital for her business. She will use the requested 1,200 to buy an electric oven to quicken production. She will also stock up on flour, eggs and milk, among others. This will make it possible for her to increase her income.

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Translated from Spanish by Kiva volunteer Polliz

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