Lupe has been taking out loans with the Manuela Ramos communal bank the “Women Entrepreneurs” since 2004. The bank is based in the city of Pucallpa, Peru in the eastern jungle region of the country. The area is characterized by hot, humid weather and the Ucayali River which meanders through the dense jungle, eventually meeting up with the Amazon River.
Lupe is currently requesting a loan of 2,500 Nuevo Soles to fund the purchase of groceries, bottled sodas and refreshments. She also plans to invest in maintenance for her pension house. Lupe will repay her loan in monthly payments over the course of six months.
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Success!! The loan was 100% repaid