Elizabeth's Group

Elizabeth, 38, is a single mother and has one child. She has three Internet stations in her home. Besides that, she also has a car that is used to transport people in Lima, a business managed by her father.

On the other hand, Roxana is 26 years old and has three children. She makes typical woven items like rugs and wall hangings that she sells in the F. Vivanco Market. Sometimes she also sells cheese.

Encarnación is 45 years old with five children. She sells meat to the stores and provides home delivery of animals purchased at the fairs.

Elizabeth, Roxana and Encarnación need a loan for $975 that will be used to purchase thread, dyes, sheep and to pay for auto repairs.

The dreams of these three women are to build their businesses and provide a good education for their children in addition to having more looms and their own homes.

Translated from Spanish by Hugh Yarbrough, Kiva Volunteer.

Elizabeth, Roxana y Encarnación pertenecen al Banco Comunal Nobleza hace 2 años.

Elizabeth es madre soltera, tiene 38 años y 1 hijo, Elizabeth tiene cabinas de Internet en su casa. Además tiene un carro que realiza transporte urbano en la ciudad de Lima que esta administrado por su padre.

Por otro lado Roxana es conviviente, tiene 26 años y 3 hijos, Roxana elabora tejidos en telar como alfombras, tapices que vende en el Mercado F. Vivanco. Algunas veces Roxana vende quesos.

Mientras que Encarnación es conviviente, tiene 45 años y 5 hijos, Encarnación vende carne a las tiendas y reparte de casa en casa, los animales son adquiridos en las ferias.

Elizabeth, Roxana y Encarnación necesitan prestamos de 1600 soles, 400 soles, 600 soles, dinero que será invertido en la compra de hilos, tintes, ganado ovino y para los gastos de reparación de su carro.

Los sueños de Elizabeth, Roxana y Encarnación son implementar su negocios, brindar una buena educación a sus hijos, tener más telares y casa propia.


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