A loan of $1,200 helped to buy diverse flavors of carbonated beverages.

Juan's story

Juan, who is 46 years of age, is a hard-working and determined man who likes the work, in addition to being cheerful and sociable. He is married to Nelith who is a business woman and mother of their 2 daughters. They live together their daughters and their spouses and one granddaughter, whom they love very much. They live comfortably in their own home which they bought with the fruit of their effort.

The activity that Juan performs is the sale of carbonated beverages of various flavors and brands, making them cold for the pleasure of his customers. For this, he relies a refrigerator that he bought with a loan and installed it in his home. From there, he attends them [the customers] in a kind and cordial manner, knowing that with this treatment he will win his customers’ preference.

He started with a loan from MFP which allowed him to make his first purchases. Seeing the benefit that his business had, with the earnings that he had left, he returned to invest.

He considers his business pretty worthwhile for the profit it leaves him and for the constant consumption of carbonated beverages because of the heat in the area.

Before starting this business, he comments that he didn’t have problems, but he did have the desire to count on an additional income to support his partner with the household expenses.

Therefore, now seeing the good results, he has plans to continue with his business and expand his merchandise to see his business grow.

This is his fourth loan with the MFP institution. He is grateful for the opportunity to count on financial support. This way he will feel more secure in advancing his business. With the requested amount of 3000 soles, he will invest all of it in the purchase of carbonated drinks of diverse flavors, looking for lower prices for his bulk purchases. In this way, he wishes to obtain better earnings.

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Translated from Spanish by Kiva volunteer Mallie Al-Khafaji

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Loan details