A loan of $325 helped to buy pots, glasses, dishes and also tables and chairs.

Maudy's story

Maudy, 32, is a woman who very much wants to get ahead and provide a better quality of life for her family. She lives with Augusto who is employed and the father of their two children who are 3 and 2 years old. They are comfortably installed in their own house. Maudy’s activity is selling food like ‘juanes,’[rice with meat and other ingredients wrapped in banana leaves] grilled fish, noodles and others in the evening. To do so, she sets up a table in front of her house where she kindly takes care of all her customers who for the most part are neighbors and passersby in the area. She had left the business for personal reasons and now plans to restart it and is gathering together the various items like dishes, pots and others, she needs. She intends to carry it out alone. She considers the business to be quite profitable because of the demand for it since she’s very well-known and sought-after in the zone; her neighbors have been asking her to go back into business.
On the other hand, she comments that she has economic problems because her spouse’s income is insufficient to cover all her expenses which is why she wants to help out by earning additional income.

Seeing that her business is profitable and that she has pending orders, she wants to start and continue with it until it grows enough for her to open a restaurant because she likes to cook. Therefore, this will be her second MFP loan. She’s happy to know that she will be able to count on financial support to reach her goals. She commits to being responsible with her installment payments like she was previously. She also comments that she’s comfortable in her communal bank because of the support the people have given her in accessing loans.

She will use the requested 800 new soles to buy utensils for her business like pots, glasses, dishes and others as well as tables and chairs. She will also buy ingredients needed to prepare the dishes looking for the lowest prices by buying in volume and paying cash.

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Translated from Spanish by Kiva volunteer Polliz

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