A loan of $650 helped incremento de la mercadería que vende.


Betty's story

Betty is 40 years old, a single mother of three; she lives with two of her children in her mother's house, and her other son lives with his father. Ten years ago she used to sell food at the local farmers' market, but she stopped doing this because it became too labor-intensive and competitive. Since then she made a change in her life and started to sell spices, which she buys wholesale and repackages them in smaller bags. She walks about three kilometers daily offering her products. Throughout this time she has gained many customers who have started to request more products. She wants to fulfill her customers' wishes in order to keep generating this income for her family. Thus she has slowly been growing her business, selling everything that her customers request, from spices to office supplies; this has made her business more lucrative. She now only goes out about 2-3 times per week, earning between 150-200 soles each time, spending the rest of time repackaging the spices. Betty is very happy with her work, has had no difficulties, and wants to increase her capital and take her business to areas where there is no competition. This is her second loan through MFP, and she is committed to continue paying on time and being a good customer. The money requested will be used to buy more merchandise such as thread, buttons, snaps and other spices in order to grow her customer base. She also would like in time to be able to travel to the capital city to buy her products at a cheaper cost.

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Translated from Spanish by Kiva volunteer Monica Hayden


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