A loan of $975 helped purchase 4 tires, fix engine, etc.

Elvira's story

Ms. Elvira P. is a member of the Las Rosas (The Roses) microfinance institute, located on Túpac Amaru Avenue, block 1 lot 1, in the Yarinacocha district of the Coronel Portillo province, department of Ucayali. She is 67 years old, widowed, and has 5 grown-up children. She decided to invest her first 300.00 PEN loan from Manuela Ramos in charcoal sales. She has been working with the microfinance institute for 8 years.

She currently owns 3 trucks—her work tools. These trucks are used to transport lumber. She has her children’s support.

With this 3,000.00 PEN loan, which will be repaid in 4 months, she will purchase 4 tires, repair the engine, etc.

Elvira displays happiness because she has the support of both the microfinance institute and her beloved children. She thanks God for giving her life and health.

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Translated from Spanish by Kiva volunteer Elizabeth Casian

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