A loan of $400 helped to buy cell phone chargers.


Yuri's story

At 54 years of age, Yuri is a great entrepreneur. He is married to 37 year old Erlinda. His 21 year old daughter Shirley, to whom he gave all his support and was able to see her working on a university career, is his main motivation for living. He owns his home, which is made out of sturdy materials. A dentist by profession, but an entrepreneur by vocation, he decided to complement his dental lab with a store for different articles, such as cell phone accessories, articles for the home, and other general merchandise. Thanks to this little addition, he was able to increase his income and set himself up as a small business owner. It also provides for the family’s financial stability. His wife is also the owner of a small clothing stall. This family is an example of hard work and effort.

I order to continue to work with the fluidity that characterizes him; he wants to have additional capital to buy cellular chargers of different brands and models, because this item is in demand. His main customers include people who work in the fields and on the weekends. Thanks to his concurrent business, he has good earnings as opposed to other particular days.

In the future he wants to consolidate his business with that of his wife’s and set up a small shopping center in his neighborhood. He also wants to provide opportunities to other small merchants. This will be his first loan through MFP and he is motivated and grateful for the opportunity and trust as a member of his communal bank. He will use the 1,000 PEN to buy chargers to be able to take advantage of the demand.

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Translated from Spanish by Kiva volunteer Hugo Reyes


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