Elizabeth Arango Huamancusi's Group

Militza is 33 years old and has 1 son, Elizabeth is 36 years old and has 4 children, while Nay is 27 years old and has 2 children. Militza, Elizabeth and Nay have been members of the Gratitude Communal Bank for 1 year.

Militza and her husband sell wood. Her husband is a carpenter and, besides manufacturing furniture, they buy and sell wood.

On the other hand Elizabeth sells food, purple liquor, jora liquor (a beverage that is prepared with a special type of corn), and also, together with her husband, she has a motor-taxi.

Nay sells trout, but before she had other businesses which included a beauty parlor, selling imported clothes and also a restaurant. Currently the trout business allows her to attend her children.

They need loans of 1000 soles, 400 soles and 800 soles, respectively, that will be used for the repair of their motor-taxi and the purchase of eucalyptus wood, rice, corn, sugar, jora, cereals, a freezer, and a cooler. They tell us that in their Communal Bank they learned to save and to be punctual and responsible.

Their dreams are to have a lumber business, to live conveniently and want for nothing, to have their own house, to have more capital for their business and to give their children a good education.

Translated from Spanish by B, Kiva Volunteer.

Militza tiene 33 años y 1 hijo, Elizabeth tiene 36 años y 4 hijos, mientras que Nay tiene 27 años y 2 hijos.
Militza, Elizabeth y Nay pertenecen al Banco Comunal Gratitud desde hace 1 año.

Militza junto a su esposo venden madera; su esposo es carpintero y además de fabricar muebles, compran y venden madera.

Por otro lado Elizabeth vende comida, chicha morada, chicha de jora (bebida que es preparada con maíz), y también junto a su esposo tienen un mototaxi.

Nay vende truchas, pero antes ella tuvo otros negocios como salón de belleza, vendía ropa importada y también tenía un restaurante. En la actualidad el negocio de truchas le permite atender a sus hijos.

Ellas necesitan préstamos de 1000 soles, 400 soles y 800 soles, respectivamente, que serán invertidos en la compra de madera de eucalipto, arroz, maíz, azúcar, jora, cereales, congeladora, cooler y para la reparación de su mototaxi.
Ellas cuentan que en su Banco Comunal aprendieron a ser puntuales, responsables y a ahorrar.

Sus sueños son tener una empresa maderera, vivir cómodamente y que no le falte nada, tener casa propia, tener más capital para su negocio y que sus hijos tengan una buena educación.


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