A loan of $800 helped to buy rice, sugar, canned goods, and other groceries wholesale.

Flora's story

Flora, 43, is married to Juan, 50. She has four children to whom she devotes all her work. She has a house built of solid materials.

At the beginning of her engagement to Juan, thanks to some savings and with the support of her parents, she decided to open a small grocery store in the wood house she lived in at the time. She has had her job for almost 20 years. Since then she has worked with her characteristic enthusiasm to build her house with solid materials, adding to it the loan from her financial institution.

She says she very much likes to be the owner of her current business because thanks to it she has managed to become a beloved and well-known neighbor as well as to give her children enough attention. Nevertheless, the credit for provisions that she grants to some customers generates problems for her when it comes time to calculate her monthly balance, because of the delay in their payment.

As a means of stocking her business as usual, she wants to count on her financial institution to buy groceries wholesale. This ways she gets low prices and, consequently, better profits.

Her plan for the future is to become a wholesale grocery merchant someday.

Currently she wants to have 2,000 nuevos soles [PEN] to buy groceries wholesale, such as rice, sugar, canned goods, and other items.

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Translated from Spanish by Kiva volunteer Catharine Wall

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