A loan of $400 helped to buy more footwear in bulk.

Jaklin's story

Thirty year old Jaklin is a good, friendly and enterprising woman. She is mother to five year old Adriana, whom she has been raising on her own for the last three years, after she separated from her partner. She now has to look after her young daughter. She lives in her own house and works hard every day in order to provide her young daughter with a better quality of life.

Jaklin goes out looking for customers on a daily basis. She travels throughout the city as she has to visit friends, family and neighbours. Her business is selling shoes, sandals, trainers and other footwear. Customers can pay for the shoes in one go, or in installments. The price varies according to the time and type of payment the customer wants. She has been doing this for two years and she works alone.

She really likes her work as it allows her to organise her time as she wishes and also because she is able to increase her income through sales. In the time that she has been doing this, Jaklin has learned a lot about her customers. For this reason she treats them well and always gives them a smile. She has many plans for the future but what she wants most is to consolidate her business and one day to have her own place where she can tend to her customers more comfortably. This will be Jaklin's fourth loan with MFP and she hopes for your collaboration so that she can put her plans into reality. Once again, Jaklin promises to make her repayments on time, as she did with previous loans. She is very happy to belong to the communal bank as all its members are responsible and supportive. With the loan of 1000 Nuevo Soles that she has applied for, she will buy more footwear in bulk as she wants to start offering footwear for children and gentlemen. This will allow her to improve sales.

Translated from Spanish by Kiva volunteer Iain Gaw

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