Las Rosas De Manallasac Group

The members of the Rosas de Manallasacc Communal Bank are from the community of Manallasacc, Chiara District, Province of Huamanga. The community is located two hours from the city of Huamanga at 3,400 meters (11,150 feet) above sea level. The principal activities of the community are agriculture and raising livestock.

Celestina is married and her children are now adults. She has a grocery store which she has run for many years. She will use her loan to buy groceries and hardware. Celestina's dreams are to travel and to save up enough money.

Nicolaza is married and devotes herself to buying and selling cheeses. She also sells grain which she learned from her parents. Her loan will be invested in buying school supplies which she will sell at her community's fair. Her dream is to build herself a house in the city of Ayacucho.

Vanesa is a single mother with two children, ages four and six. Vanesa will begin by selling gelatinas (gelatin snacks) and lollipops. Her loan will be used to buy more gelatinas. She hopes that her business will grow.

Translated from Spanish by Daniel Kvaka, Kiva Volunteer

Las socias del Banco Comunal Rosas de Manallasacc son de la comunidad de Manallasacc, Distrito de Chiara, Provincia de Huamanga, la comunidad se ubica a 2 horas de la ciudad de Huamanga, a 3400 m.s.n.m., las actividades principales de la comunidad son la agricultura y ganadería.

Celestina es casada, sus hijos son ya mayores de edad, Celestina tiene una tienda de abarrotes, actividad que realiza hace muchos años, con el préstamo que obtendrá comprará abarrotes y artículos de ferretería, los sueños de Celestina son viajar y ahorrar los suficiente.

Nicolaza es casada, Nicolaza se dedica a la compra y venta de quesos, además de venta de cereales, actividad que aprendió de sus padres. Su préstamo será invertido en la compra de útiles escolares que venderá en la feria de su comunidad. El sueño de Nicolaza es construir su casa en la ciudad de Ayacucho.

Vanesa es madre soltera, tiene 2 hijos de 4, 6 años, Vanesa iniciará con la venta de gelatinas y chupetes, su préstamo será invertido en la compra de gelatinas, ella espera que su negocio mejore.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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