Silvestra Mendez Palomino's Group

Florisa is 28 years old and has 1 daughter. Florisa sells groceries and vegetables in the markets of Cangallo, Vilcas Huamán and Huamanguilla. She began her business 5 years ago with her first loan from the Communal Bank.

Rosario is 70 years old and has 7 children, and she sells cheese in the different stores and homes in Ayucucho.

Silvestra is 40 years old and has 4 children, she sells wool in a stand in the Las Américas market. Before Silvesetra had a grocery store in her home, but closed it due to lack of sales.

Florisa, Rosario and Silvestra need loans of 1600 soles, 400 soles, and 1200 soles, respectively, which will be invested in the purchase of sugar, rice, noodles, preserves, oil, milk, carrots, celery, onion, pumpkin, tomato, cheese, wool of different colors and brands. Their savings will be utilized to build a house, to increase capital for the business, and for unforeseen expenses.

Florisa, Rosario and Silvestra have dreams of having a car to transport their products, build their houses, have their own money and be great businesswomen.

Translated from Spanish by Cindy Kendall, Kiva Volunteer.

Florisa, Rosario y Silvestra pertenecen al Banco Comunal Azucenas desde hace 5, 3 y 10 años respectivamente. En su Banco Comunal aprendieron a ser responsables, puntuales, solidarias y a ahorrar.

Florisa tiene 28 años y 1 hija, Florisa vende abarrotes y verduras en las ferias de Cangallo, Vilcas Huamán y Huamanguilla. Su negocio se inició hace 5 años con su primer préstamo que sacó de su Banco Comunal.

Por otro lado Rosario tiene 70 años y 7 hijos, y vende queso en las diferentes tiendas y casas de Ayacucho.

Mientras que Silvestra tiene 40 años y 4 hijos y vende lanas en un puesto del mercado Las Américas. Antes Silvestra tenía una tienda de abarrotes en su casa, pero lo cerró porque no tenía venta.

Florisa, Rosario y Silvestra necesitan préstamos de 1600 soles, 400 soles y 1200 soles, respectiamente que serán invertidos en la compra de azúcar, arroz, fideo, conservas, aceite, leche, zanahoria, apio, cebolla, zapallo, tomate, queso, lanas de diferentes colores y marcas.
Sus ahorros los utilizarán para la construcción de su casa, para incrementar el capital de su negocio y para imprevistos.

Los sueños de Florisa, Rosario y Silvestra son tener un carro para transportar sus productos, construir su casa, tener capital propio y ser grandes empresarias.


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