A loan of $425 helped to buy a new loom.

Victor's story

Victor is 24 years old and has lived for 4 years with the mother of his two children in a house that was given to them to look after. The couple works in the weaving of blankets which they sell according to their thickness and combination of colors. For a year, some customers have asked for tapestries and Victor satisfies these requests, but he prefers to produce blankets because tapestries require a lot of time and color combinations, and earn the same amount. What he wants is to increase his production to increase his income for the benefit of his family. This is Victor's 3rd consecutive time working with MFP, and in all that time he has not had problems with bad debt, and he has made a commitment to continue with the same timely payments. The money that he is asking for is for the purchase of a new loom, so that his wife can offer support, producing her own blankets, and so they can gain more income.

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Translated from Spanish by Kiva volunteer Donna Yates

Loan details

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Loan details