A loan of $800 helped to buy merchandise.

Esperanza's story

Esperanza is 48 years old and lives with her husband, Esequiel, and three of her four children: Marianela, Satefany and Brigit, whom she’s been caring for in her mother’s house for 30 years. For the past seven years she has been selling clay pots, cookers, vases, cups, piggy banks, etc. She travels to nearby cities on the weekends and stocks up on new merchandise. She always gets help from her daughters on her trips and they also help her sell. She also sells natural medicine to her neighbors.

Over time she has seen her income and capital increase little by little. She considers her business to be profitable because it produces an income and it supplements her husband’s income as a teacher. It’s for this reason that she wants to increase her working capital so that she can buy more merchandise and have more customers. She is a member of the “La Florida” group and this will be her fourth loan through MFP. She feels developed because she gets the help she needs to progress in her business and promises to be on time with her payments. She also likes working in her group because the members are responsible and united.

Esperanza will use the money from this loan to buy more clay pots and piggy banks. This will allow her to increase her business capital.

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Translated from Spanish by Kiva volunteer Hugo Reyes

Loan details

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Loan details