Funded

Total loan: $600
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Raquel

Peru
PUCALLPA, Peru / Clothing Sales

A loan of $600 helped to buy clothes.


Raquel's story

Raquel, 44, is an enterprising, hardworking woman as well as cheerful and sociable. She lives with Rodolfo who is a merchant. They have two children who are 24 and 13 years old respectively. They live comfortably in a house they own. Raquel’s activity is selling clothes for women, men and children as well as shoes that she brings on order from the capital city to then sell personally to neighbors and family members often for cash but also on 15-days credit. She’s been in business more than 8 years and to date works alone both buying and selling. She considers her business profitable because of the good profits it yields and the demand it has.

She likes her activity because she’s able to socialize with people while providing them with good service as well as because it generates good income because her spouse’s salary working for a private firm was insufficient due to the many clothing and food needs they had. In light of this difficulty, she decided to work in this business and seeing the good results she got and the good way she was received, she plans to continue and make her stock of merchandise grow.

This will be MFP loan #5 and she hopes for your collaboration so she can make her plans reality. She also feels very good in her communal bank because she considers it a united, supportive group.

She will use the entire requested 1,500 new soles to buy clothes in various styles and brands in larger amounts seeking the lowest prices for volume purchases because she wants to increase her stock of merchandise.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz


Loan details

Loan length:

8 months
Disbursed date: December 21, 2012
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: December 21, 2012
Facilitated by Field Partner: Microfinanzas Prisma