San Francisco De Asís Group

The San Francisco de Asís Communal Bank is located in the Pampabamba community in the María Parado de Bellido district, Cangallo province, Ayacucho department.

Eda is married and has three children. Eda sells groceries and clothing at the fairs. Her family helps her. Eda is asking for a loan to be able to buy groceries in Ayacucho and clothing in the capital. This way she will be able to stock her businesses. Eda is saving for her children’s education.

Susana is single. She sells food to the public. She also takes orders for functions. Her siblings help her, and she hires people on occasion. Susana needs a loan to stock her business with merchandise to be able to generate more sales.

Translated from Spanish by Ginny Kalish, Kiva Volunteer

El Bancomunal San francisco de Asís, se encuentra ubicado en la Comunidad de Pampabamba, en el distrito de María Parado de Bellido, provincia de Cangallo, departamento de Ayacucho.

Eda es casada y tiene 03 hijos. Eda se dedica a la venta de abarrotes y de ropa en las ferias, en lo cual es apoyada por su familia. Eda, solicita un préstamo para poder comprar abarrotes en Ayacucho y ropa en la capital, de esa manera poder surtir sus negocios. Eda, se encuentra ahorrando para la educación de sus hijos.

Susana, es soltera, tiene un negocio en el cual vende comida al público y también atiende pedidos para compromisos. Ella, es apoyada por sus hermanos y por personal que contrata en ocasiones. Susana, requiere de un préstamo para abastecer su negocio con mercadería y poder generar mas ventas.



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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