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Margarita
Margarita is a member of the “Santa Cruz de Acari” Communal Bank, in the Yunguyo province of the department of Puno. She’s a 75 year old married mother of children who are now independent. She has no schooling.

Margarita has been working with Movimiento Manuel Ramos for six years. Her 1st loan was for 300 soles, which she invested in her clothing sales business.

Margarita is requesting a new loan for 2,500 soles, which she will use to buy merchandise like, sweaters, llicllas (traditional fabric used to carry babies), shawls, aprons, etc. Her children help her with the business. She sells her merchandise at the local fairs.

Her dream for the future is to continue operating her business and improving her income. What she likes most about the Communal Bank is how easy it is to get a loan.
View original language description ↓
Margarita es socia del Banco Comunal “Santa Cruz de Acari” ubicado en el distrito, provincia Yunguyo y departamento de Puno, tiene 75 años de edad, está casada y tiene dos hijos independientes. La señora no cuenta con estudios.

Margarita trabaja con el Movimiento Manuela Ramos desde hace seis años, su primer préstamo fue por la suma de S/. 300.00 nuevo soles dinero que invirtió en su negocio de venta de prendas de vestir.

Ahora solicitará un nuevo préstamo por la suma de S/. 2,500.00 nuevo soles, dinero que utilizará para comprar mercaderías como chompas, llicllas (telas), mantones, mandiles, etc., en el negocio le ayuda sus hijos, la mercadería la vende en las ferias de la localidad.

Su sueño para el futuro es seguir operando en el negocio y mejorar sus ingresos.

Lo que más le gusta de su Banco Comunal la facilidad del préstamo

About Peru

  • $12,000
    Average annual income
  • 89
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Margarita buy sweaters, llicllas (traditional fabric used to carry babies), shawls, aprons, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 23, 2012
Listed
Mar 27, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012