A loan of $475 helped to purchase more merchandise for his business like shoes of different styles for women, men, and children.


Cesar's story

Cesar, aged 57, is a good, kind, and very diligent man. He is married to Rosa, a merchant, and they have ten children who they have raised and educated in such a way that they are already independent. He lives in his home along side his wife, to whom he wishes to continue offering a better quality of life so that they can have a quiet old age together.

Cesar's work consists of selling footwear, like sneakers, shoes, and sandals. He has both new and secondhand merchandise to offer his customers to suit their tastes and needs. He relies on a small rented space in a commercial area of his town, where he kindly takes care of his customers. He also offers a shoe repair service. When he began he only sold used merchandise, but with time his capital increased and now he can sell new shoes. He has been doing this work for more than six years and wants to continue doing it for many more years.

He likes his job very much since it gives him employment and regular income, in addition to the freedom to set his own schedule and work days. He has good sales and this allows him to have good profits. In the future, he hopes to increase his capital and his stock of merchandise in order to see his business grow. For that reason, this will be his 10th loan with MFP. He is happy to have this financial support in order to continue with his goals.

Once again, he promises to make his repayments in a responsible manner. He also says he feels very comfortable in his communal bank since his [fellow] group members are very responsible and always support each other. With the requested amount, 1200 soles, he will buy more merchandise for his business like shoes of different styles for women, men, and children. This way, [he will be able] to increase the variety that he offers and find lower bulk prices for his goods in order to have greater profit margins.

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Translated from Spanish by Kiva volunteer Noah O'Brien


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Loan details