Total loan: $3,425

Lealtad Group

Ayacucho, Ayacucho, Peru / Retail

Lealtad Group's loan finished fundraising, but these other borrowers need your support

A loan helped For the purchase of Huarnanga stoen, rice, sugar, vegetables, small animals and clothing.

Lealtad Group's story

The community bank Lealtad (Loyalty) is beginning its fourth cycle with 18 associates. The members have various businesses such as sales of vegetables, meats, crafts, general groceries, root vegetables, clothing, beverages, firewood. In the case of Ana; she lives with her spouse and has two children. Ana has a stand in the F. Vivanco market where she sells meats. She buys the animals at markets and butchers them. Her son helps her with this. On the other hand, Susana is married, 30 years old and has 2 children. She is a member of the board of directors of her community bank. Susana and her husband are craftspeople, working with stone in Huamanga. They make sculptures and sell their works in the crafts market in the city. Additionally, Susana sells sweets and firewood out of her home. The members need differing amounts of credit, such as 300 soles, 600 soles, 900 soles, adding to a total loan of 10,400 soles for the community bank. Their loan proceeds will be invested in the purchase of stone from Huarnanga, rice, sugar, vegetables, small animals and clothing. The dreams of the members are to see their children become professionals, grow their businesses, move their children ahead and have other branches of their businesses.

Translated from Spanish by Laura Bobbit, Kiva Volunteer