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Elena
Elena is a member of Las Collabinas communal bank in the Ilave district, El Collao province, Puno department. She is 48, in a common-law marriage, has 2 children (1 an adult) and she studied through secondary school. Four months ago she started working with the Manuela Ramos Moviment. Her first loan was for 500 new sols which she used for her business of cattle and sheep sales.

With this loan of 1,500 new sols, she wil buy 2 cows and also wool that she uses to knit sweaters, hats, embroidery and, cushion covers. Her husband helps with expenses as well with his work as a magistrate.

Her dream is to improve her business and get better earnings.

What she likes about the communal bank are the meetings, the punctuality, and the friendly exchanges among the other members.
View original language description ↓
Elena es socia del Banco Comunal “Las Collabinas” ubicado en el distrito de Ilave, provincia El Collao y departamento de Puno, tiene 48 años de edad, de estado civil conviviente, tiene 02 hijos (1 independiente). La señora estudio educación secundaria.
Hace cuatro meses trabaja con el Movimiento Manuela Ramos, su primer préstamo fue de S/. 500.00 nuevos soles, dinero que invirtió en su negocio venta de animales vacunos y ovinos.
Con éste préstamo de S/. 1,500.00 nuevos soles, comprará 02 animales vacunos y también lanas para la fabricación de sus tejidos como chompas, chullos, bordados y fundas. Ella recibe el apoyo de su esposo quien trabaja en el magisterio.
Su sueño es mejorar el negocio y obtener mejores ganancias.
Lo que le gusta de su Banco Comunal son las reuniones, la puntualidad y el intercambio de palabras con las demás socias.

About Peru

  • $6,715
    Average annual income
  • 33
    View loans »
    Peru Loans Fundraising
  • $54,501,725
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Elena to buy two head of cattle and also wool for her knitting business of sweaters, wool hats, embroidery and pillow covers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 5, 2011
Listed
Feb 14, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011