Funded

Total loan: $1,100
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Andrea

Peru
PUCALLPA, Peru / Butcher Shop

A loan of $1,100 helped to buy two cows and a meat saw for her butcher shop.


Andrea's story

Andrea is 20 years old and is a hard-working and dynamic woman who is cheerful and determined to get ahead in life. She is single and does not have any children. She lives with her parents and her 3 brothers and sisters. Andrea sells beef from her stall in the local market where she serves her customers in a friendly way. She started her business 3 years ago using her own money because she decided that it was necessary to earn money for herself. At the beginning, her parents supported her financially. Little by little, she managed to buy more stock, and, as a consequence, she started to sell more meat.

Originally, she worked alone, but now her sister helps her out. She likes her work because she gets to interact with people, and she can use her profits to help her parents out with the household expenses and her own university studies. Moreover, she does not like it when some of her customers ask her for credit for their purchases, and she refuses their business because she has had bad experiences with these types of sales. She has plans to grow her business so that she can increase her earnings.

This is her fifth loan with the MFP, and she is happy to be able to count on the support of the institution to make her business progress. For this reason, she pledges to be punctual with her repayments. In addition, she feels very comfortable with the people who form part of the communal bank because she believes that they are all good people and offer each other a lot of support.

With the requested amount of 2800 soles, she will buy a meat saw to improve the quality of the products that she offers and 2 cows to be able to continue with her sales.

Translated from Spanish by Kiva volunteer Geraldine Pugh


Loan details

Loan length:

8 months
Disbursed date: November 27, 2012
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: November 27, 2012
Facilitated by Field Partner: Microfinanzas Prisma