A loan of $650 helped to expand the location of her business and to purchase merchandise/supplies.

Gloria's story

Gloria is 37 years old, married, and lives with her husband and children. She is a woman of many virtues, one of which is being very service-conscious, and she takes great care of her customers. This is why her business selling and repairing bicycles is going so well. She has been running her business for three years, but she also undertakes other activities such as selling juices and doing auto body work that she provides from the garage of her house. What she most enjoys doing, and makes the greatest profit on, is the sale of spare parts since she is very strategically located in a commercial zone. Gloria has been a client for years, and is in her third loan with MFP. She wants to continue working with this IMF and making her payments on time. Her wish for the future is to have an auto body shop in a larger space and other businesses on the side as well. She will invest 1,000.00 Peruvian soles into the purchase of bicycle paints, and use the other part for working capital.

Translated from Spanish by Kiva volunteer

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Loan details