Funded

Total loan: $525
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Emma

Peru
HUANCAYO, Peru / Bricks

A loan of $525 helped buy materials for brick-making business.


Emma's story

Emma, 25, lives with her husband and 4 children. She and her husband decided 8 years ago to set up their own brick factory. Before that, they had worked in other factories for other people. Now they work for themselves and reap the full reward for their labor. Starting very early in the morning, they both work hard making bricks, something that requires several steps. It takes 4 days to make thousands. It's a profitable business but seasonal and sales vary depending on the time of year. Sales increase substantially in March and April and, though the work is hard, those months are a good source of income that inspire the family to go on with the business. This is the third time that Emma has applied to MFP for a loan and she's been consistently responsible and punctual in repaying the loans. She's applying for a loan to buy logs and sawdust, materials necessary for making bricks. She will also pay part of the rent on the space where she operates the business. A truckload of sawdust costs 600 soles and she will pay for sticks and logs with the rest of the money.

Translator profile picture

Translated from Spanish by Kiva volunteer Jere Wiseman


Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: November 14, 2008
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

8 months
Repayment schedule: At end of term
Disbursed date: November 14, 2008
Facilitated by Field Partner: Microfinanzas Prisma