Funded

Total loan: $650
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Sonia

Peru
TARMA, Peru / Grocery Store

A loan of $650 helped buy merchandise for grocery business.


Sonia's story

Sonia, the mother of three children, has been partnered for 10 years. She now owns her own house where she operates her grocery business. She had a restaurant years ago where she single-handedly cooked and served food and drinks to her customers. The business was profitable but the work was very hard and she saw that she would have to give it up when she had twins. She then switched gears, opening a shop selling groceries where she would have more time to take care of the young twins. She tends the grocery from 6:00 in the morning to 8:00 at night. When she has to go to the market, she needs her husband's help or help from a relative because carrying products home with two kids in tow is hard. She can also leave the twins with her mother so that she can do her shopping and return to mind the store before 10:00 in the morning. Sonia tries to return before her customers begin cooking because that's when they're most likely to come to her store. She stays busy afternoons washing clothes for her children. The business is going well; most importantly, it's profitable. She says that the business is successful because it's well-tended, well-stocked and the prices she charges are reasonable. Sonia is an active client. She attends all the meetings scheduled by the credit advisor. She's paid all of her installments and is considered likely to do the same with this loan. The loan will be used to stock the store and especially to stock the store with basic products. She thinks that the 2000 soles will be enough to provide her customers with the products that they want.

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: December 22, 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: December 22, 2008
Facilitated by Field Partner: Microfinanzas Prisma