Funded

Total loan: $800
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Margarita

Peru
Ayacucho, Peru / Carpentry

A loan of $800 helped to buy wood blocks.


Margarita's story

Margarita, 59, is a widow. Motivated to continue forward despite many circumstances, she’s happy to know that she succeeded in raising her children by herself; they are today very hardworking adults. She owns a house made of substantial materials and when she was widowed she gradually retook hold of her life which is why for the last 18 years she’s been running her carpentry shop alone; she considers it to be a great support.

Today, in place of her husband she hires a master carpenter who’s in charge of filling the constant orders they get for furniture, beds, armoires and others generating good profits notwithstanding the rising price of wood which has led to a drop in demand.

As the years have passed, she’s managed to equip her business with better machinery that make the work flow much easier and provide better quality work. In order to better do her work, though, she needs to acquire the blocks of wood ahead of time from the region’s reforested forests.

In future, she’d like to continue working and contracting orders to expand the business adding a store to display her furniture in. She wants to have 2,000 new soles to buy blocks of wood to fill all her pending orders among which is one for the benches for her local park.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz


Loan details

Loan length:

10 months
Disbursed date: December 3, 2012
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: December 3, 2012
Facilitated by Field Partner: Microfinanzas Prisma