A loan of $775 helped to buy items made from wood, such as kitchen utensils.

Margarita's story

Margarita, 46, lives with Marcelino, and together they have 3 children aged 27, 24, and 17. She lives in a rented home, located in a district of the central jungle. Margarita is an enterprising woman. She has had a business selling handicrafts for 20 years, particularly items made from wood, such as serving spoons, cutting boards, trivets, coasters, kitchen utensil holders, and other items made from wood that are used in the kitchen. Most of the time she works on her own, but she has the support of her partner and children.

"This business is profitable if you sell in large quantities," she says. Margarita gets her merchandise from a carpentry shop. She sells her products on Fridays at the same location, and on Saturdays she travels 25 minutes to arrive at a market in another city. On Sundays, she travels more than 2 hours to get to another community where she has a lot of customers. She invests about 1,000 Peruvian soles every 15 days, and at this time she wants to invest a bit more so that she can go out to sell in other cities.

Margarita needs your support to invest in merchandise, because these are the months when sales are strong. This is her second loan with MFP, and she is committed to making her payments on time. She appreciates working with her communal bank "Rosas y Claveles." With this loan, she will buy products such as kitchen utensils made of wood to sell in the various surrounding cities.

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Translated from Spanish by Kiva volunteer Lisa Grobar

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