Funded

Total loan: $1,175
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Martha

Peru
HUANCAYO, Peru / Food Stall

A loan of $1,175 helped to buy food wholesale such as sugar, rice, milk, and more.


Martha's story

Martha is 39 years old. She lives with her husband and their 3 children, whom she has cared for in her father's house for 14 years. Two years ago, she started her business selling food, juices, snacks and more in her parents' house, where they let her run her business. with her husband, she decided to sell traditional food and make a rural restaurant on their land. They still haven't made their dream come true, but they are saving and whenever they can, they improve the infrastructure on their locale. Meanwhile, every day they prepare meals such as breakfasts and lunches every day for the construction workers who work close to their home. This whole time she has worked she has seen that this business is profitable despite different problems such as sudden price spikes in food. For this reason, she came up with the strategy of stocking up on non-perishable ingredients, buying them in large quantities, since this reduces the cost of her investment. She has learned to invest in her business in a responsible and efficient way, and that is why she is committed to making her payments on time.

Martha will invest the S/.3000 soles in buying basic necessity products to sell in her little store and also to prepare the food. She plans on buying rice, sugar, oil, milk, pasta and other products that are non-perishable.

Translator profile picture

Translated from Spanish by Kiva volunteer Ellen Donohue


Loan details

Loan length:

10 months
Disbursed date: March 14, 2013
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: March 14, 2013
Facilitated by Field Partner: Microfinanzas Prisma