A loan of $1,100 helped to increase the quantity of products that he sells.


César's story

César is 30 years old, single, and lives with his mother and siblings in his parents’ home. He is a young man who has worked for more than 2 years selling nutritional products by a well-known brand. He dedicates every day to building his customer base by traveling door-to-door so he can add clients and meet the goals he has set for himself. With this business, he can buy the necessary items to sustain himself and his mother and his goal is to have his own things and be a successful businessman. The greatest difficulty is when he travels the long routes to attract new customers, which is very tiring; however, he is rewarded by the satisfactory feeling he gets from generating income. This is the fourth time César is requesting a loan with MFP and, over this period of time, he has demonstrated himself to be punctual with his payments. This has been favorable for him because his cooperative bank feels confident enough in him to allow a renewal of his credit. With the funds he requests, he will invest in the purchase of more merchandise so he can continue to grow his business. Each bottle he sells is valued at 100.00 Peruvian soles, and he buys these at wholesale for 75.00 Peruvian soles. With this loan, he will purchase one case containing 46 items.

Translated from Spanish by Kiva volunteer


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