A loan of $325 helped to buy rice, sugar, cooking oil and other items.

Rosa's story

Rosa is 34 years old and a hard-working, determined woman; besides being warm and friendly in the way she treats people. She lives with her partner, José, who is an employee and the father of their two children, ages 12 and 10. Together they live in their own home.

Rosa's work is selling food such as noodles, stews, juanes (rice and chicken wrapped in a banana leaf), and soft drinks. She sells in the mornings at a stand in the city market, where in a friendly way she serves the customers who visit her daily because of the good flavor of her dishes.

She started more than five years ago through her own initiative and with her own capital. Up to now she has been carrying on the business with her sister's help, with whom she shares the profits. She considers her business profitable because of the good earnings it produces, and it has helped her get out of many a tight spot. She manages to finish everything she prepares for sale, and if anything is left over, she uses it as food in her home, so that nothing is wasted.

She decided to start her business because of the wish to have her own income and not depend solely on her partner. She wanted to help him with the household expenses and provide her family with a better quality of life, knowing that by supporting one another it will be easier for them to get ahead in life.

Seeing the good results she has, she is saving her earnings as she wishes to open a grocery store in their home someday. This is so that she can be closer to her children during the day. Therefore this will be her first loan with the MFP institution. She is grateful and happy to know she will have the financial assistance to carry out her plans. That is why she promises to make her installment payments, as in previous loans.

With the amount applied for a 800 nuevos soles, she will invest in the purchase of the necessary ingredients for making her food, such as rice, sugar, cooking oil and other items. She will seek low prices for her bulk purchases and will have greater earnings this way.

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Translated from Spanish by Kiva volunteer Jeff Goldie

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