A loan of $800 helped to purchase towels, sheets, clothing and sandals.

Lida's story

Lida, who is 42 years old, is a hardworking and entrepreneurial woman. She lives with Fernando, who is a merchant. Together they have four children: Fernando, Brandon, Jordán and Emily. They all live together in their own home, which they were able to purchase because of their hard work. Lida's business is merchandise sales. She sells things like sheets, towels, clothing, passementerie, perfumes and other items. She makes her sales right from her home. Eventually she does go from one place to another, traveling around her neighborhood and nearby streets to sell her products to family and friends, who receive friendly service from her. She started her business fifteen years ago, motivated by the need to generate additional income for her household to help cover the basic household expenses. Her children support her, which encourages Lida to keep moving forward.
Lida likes her works because it allows her to stay in the comfort of her home, to take care of her children and to dedicate her free time to other things. Before starting her business, her household finances were unstable, they had too many expenses and not enough money to cover them. Her family now enjoys financial security, thanks to the joint effort of all her family members. On the other hand, she doesn't like that at times she has to walk for hours selling her products. But that doesn't discourage her. She plans to continue with her business and to keep selling much more. This is Lida's fourth loan with MFP. She is grateful for the help that has been offered so she can continue working toward her goals. In addition, Lida likes the work they are doing within her communal bank. She feels happy that each one of the members has the opportunity to continue with their businesses. With the loan of 2000 nuevos soles ($800 USD) that Lida is requesting, she will invest in the purchase of a variety of merchandise, like towels, sheets, clothing and sandals. She will look for the lowest prices by purchasing whole-sale, and in this way she hopes to earn a greater profit.

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Translated from Spanish by Kiva volunteer Marni Siegal

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