A loan of $450 helped purchase of rice, sugar, oil, and paint to open a shop in her home.

Victoria's story

Victoria is a member of Bancomunal Fuerza y Poder, a Finca-sponsored business support group. She is from Apurimac and finished high school. Victoria is married, 52 year old, and has four children age 7, 20, 22 and 25. All her children are working professionals, with the exception of the youngest who is still in school. She has her own home, and has always liked children. When she was young she worked as a nanny, and what she learnt proved useful in opening a wawa wasi, a government-sponsored daycare center, in the neighborhood where she lives. There are many children, and the parents go off to work and have no one with whom to leave them. Victoria recognized the opportunity and remodeled her home. With the help of her mother-in-law they took in children for ten years; however, they had to close because there were too many children and they were unable to cope.

For the past six years, Victoria has sold fruit from her doorstep, taking advantage of the fact that the house is situated near the last stop on the minibus route, generating a lot of foot traffic. Now she wants to open a small grocery store in her home.

Victoria needs a loan of $450 (approximately 1400 Peruvian soles) to open a shop that would operate out of her home. She needs to buy rice, sugar, and oil, as well as to paint the store prior to the opening. She has received help from Finca and has been able to move ahead with the talks, has learnt how to sell and how to position her business to fair well with the competition. She likes her small business support group meetings due to the companionship and friendship. She wants to have a large, well-stocked store and to assist her youngest daughter in becoming a professional like her other siblings.

Translated from Spanish by Kiva volunteer Joyce .

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