A loan of $800 helped to buy larger amounts of used clothes.


Nena's story

Nena, 57, is a brave, hardworking woman. She has six children she wants to provide schooling for and raise until they can be independent. She lives in her own house with her husband, Emilio, 56, who is a teacher and provides her with the strength to continue working hard; they support each other to have a better quality of life. Nena’s work consists in selling used clothes of all types and for all occasions for women, men and children. She buys all her merchandise by the bundle in a shopping center in her city and then takes it to be sold in settlements along the river banks and in distant zones. She started in this activity thanks to her husband’s idea and initiative since he’s a teacher in a settlement along the river bank where she takes her merchandise. Seeing that it’s easy and profitable she decided to continue with this activity and to date gets help from her husband. She considers the business to be profitable because she has several customers and this generates good income. Although her work is sometimes somewhat heavy due to the trips she must make and because she has to carry the merchandise by herself, she knows that by exerting the maximum effort she will earn the higher profits. Despite selling much, she’d like to earn higher profits and sell in larger amounts which is why she wants to continue working and making her business grow. Therefore, this will be MFP loan #13 and she can count on it to continue towards her objectives. On her part, she commits once again to make her payments on time like she’s done previously. She’s very happy to belong to her communal bank because all the members are very kind, mutually supportive people. She will use the requested 2,000 soles to buy larger amounts of used clothes by the bundle seeking the lowest prices for volume purchases so that her profit margin will increase.

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Translated from Spanish by Kiva volunteer Polliz


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