Exito Group

The Éxito Communal Bank is located in the Huanta province, which is 48 km from the Ayacucho department. It is 2,625 meters above sea level.

Fortuna is a widow with three children. She sells food. She counts on her children’s support, and they help her with the business. Fortuna is asking for a loan to set her business up with furniture to make it comfortable for her customers. Fortunata is saving to pay for her children’s education to become professionals.

Teresa is married and has three children. She sells groceries; her husband and children help her. Teresa wants to stock her business with more merchandise. She needs a loan to do that. Teresa’s goal is to get a car, which she would be able to use to take her merchandise to other communities.

Translated from Spanish by Ginny Kalish, Kiva Volunteer

El Bancomunal Éxito, se encuentra ubicado en la provincia de Huanta a 48 km. del departamento de Ayacucho, el cual esta ubicado a 2,625 msnm.

Fortuna es viuda y tiene 03 hijos, se dedica a vender comida, ella cuenta con el apoyo de sus hijos quienes la ayudan en el negocio. Fortuna, solicita un préstamo con el cual implementará su negocio con muebles para la comodidad de su clientes. Fortunata, está ahorrando para pagar los estudios profesionales de sus hijos.

Teresa es casada y tiene 03 hijos. Ella se dedica a la venta de abarrotes, negocio en el cual recibe ayuda su esposo e hijos. Teresa desea abastecer su negocio con mas mercadería, por ello requiere de un préstamo. Teresa tiene como meta el adquirir un auto, con el cual podría llevar mercadería a las demás comunidades.



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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