Maria De Los Angeles Group

The members work in different businesses such as the sale of sweet treats, groceries, natural products, prepared food, cereals, salchipollo (french fries and fried chicken), vegetables, newspapers, crafts, clothing and preparing fresh juices.

The members need loans in different amounts. Some of the amounts are 300 soles, 600 soles, 900 soles, 1000 soles for a total amount of 9,700 soles in loans at the Banco Comunal.

The loans will be used to purchase chompas (Peruvian alpaca sweaters), blouses, rice, sugar, cooking oil, wheat, barley, squash, carrots, oranges, tangerines, cookies, candy, chocolates and natural products.

The dreams of the members are to improve their businesses, establish their business, that their children become professionals and owning a home.

Translated from Spanish by Libertad Leal, Kiva volunteer.

El Banco Comunal Maria de Los Ángeles es un banco que recién inicia con 20 socias.

Las socias realizan diferentes negocios como la venta de golosinas, abarrotes, productos naturales, comidas, cereales, salchipollos, verduras, periódicos, artesanías, ropa y preparación de jugos naturales.

Las socias necesitan diferentes montos de préstamos, algunos montos son de 300 soles, 600 soles, 900 soles, 1000 soles, haciendo un total de 9,700 soles de préstamos en el Banco Comunal.

Los préstamos lo invertirán en la compra de chompas, blusas, arroz, azúcar, aceite, trigo, cebada, zapallo, zanahoria, cebolla, naranja, mandarinas, galletas, caramelos, chocolates y productos naturales.

Los sueños de las socias son mejorar poco a poco su negocio, establecer su negocio, sus hijos sean profesionales y tener 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