A loan of $3,725 helped a member operating capital for their respective businesses.

Paz Y Amor Group's story

The Communal Bank “Paz y Amor” (Peace and Love) is starting its 16th loan cycle with 24 members who are from the community of Huayllapampa, which is located 30 minutes from the city of Ayacucho.

The members are engaged in different businesses selling groceries, bricks, vegetables, meat, cochineal (an insect used in making red fabric dye), fruit, tara (a plant extract that has various uses), beverages, and prepared foods.

Such is the case with Sra. Guillermina. She is 41 years old, married, and has one child. Guillermina has a store in her home where she sells groceries. She needs a loan of 300 soles in order to buy rice.

Lucia is 43 years old, married, and has four children. She manufactures and sells handmaD. bricks from the same location. Lucia needs a loan of 300 soles in order to pay her workers.

The members need loans of different amounts ranging from 300 soles, 450 soles, 600 soles, to 900 soles for a total of 10,650 soles to the entire Communal Bank. The funds will be used to buy rice, vegetables, fruit, tara, cochineal, firewood, and also pay laborers’ wages.

The members dream of expanding their businesses, helping their children finish their education, buying a car, and building their homes.

In this group: Guillermina, Lucia, Marcelina, Guillermina, Amanda, Constantina, Celsa, Juan Carlos, Reyna, Sonia, Vitaliano, Ricardo, Alfredo, Haydee, Dennise, Ynes, Demetria, Crescenciano, Soledad, Haydee, Hilda, Maribel, Yakeli, Rosa Luz

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details