A loan of $800 helped to buy 25 sacks of maize and bunches of bananas.

Paquita's story

57-year old Paquita is a hardworking woman with a great desire to get ahead in life. She is now separated from her husband, but their marriage lasted for many years. She has nine adult children and lives in her own house which she obtained through her marriage. She shares it with a daughter, and both put in a lot of effort to make a comfortable life for themselves.

Paquita earns her living buying and selling bananas and grains such as maize, beans, soya and others depending on the season. She gets up early every day to get to the main entry to the town where she obtains the items she will then sell at the same place or from her own home. She says that her business is profitable as her income is very good.

Paquita has been doing this work for about seven years and has always had help from her children, or from other people who load the bunches of bananas or the heavy sacks of grain for her. She really enjoys her work as it brings in a good income. The only difficulty she has is having to get up very early. However, she knows that this is part of her work and she has to continue putting in a lot of effort to earn the money she needs to buy necessities. She expects to continue working in this way and later on buy her own fishing boat.

This is Paquita’s eighth loan with MFP, and she is very grateful for this loan opportunity and for the trust put in her. On her part she promises to pay back the money punctually. She is grateful to be part of a community bank where the members are responsible, committed people.

With the money she is seeking (S/. 2000), she plans to buy 25 bags of maize. One bag costs 45 soles. With the rest of the money she will buy bunches of bananas to sell from her house.

Translated from Spanish by Kiva volunteer Jane A

Loan details

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Loan details