A loan of $2,075 helped a member to buy wool and knitting needles.

Madre Teresa De Calcuta Group's story

The Madre Teresa D. Calcuta communal bank is located in the community of Ayaccocha, which belongs to the district of Acoria, in the department of Huancavelica.

Aurea is married and she has 4 children. Aurea works in knitting and sells craft items. She needs a loan, which she will use as capital to invest in her business. She will buy wool of various colors and thicknesses and knitting needles, etc. Aurea’s dream is for her knitted items to sell in the biggest stores and eventually to be able to export them.

J. is married and she has 8 children. J. has a small grocery store that is growing, thanks to her loans. She needs a loan to buy more merchandise for her store. Her dream is to have a mini market, where she could sell a variety of products.

Georgina is married and has 4 children. She sells foods such as fried chicken, fried fish, and related food items. Georgina needs a loan, which she will use to buy ingredients for her business. Her goal is to make her business grow until it becomes a restaurant.

In this group: Aurea, Julia, Georgina, Carmecita Irene, Juana, Isabel, Guillerma, Olga, Eulalia, Santa Dina, Alejandra, Mercedes, Huaman Rojas De Saravia

Translated from Spanish by Kiva volunteer Jennifer Day

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