100%

funded

Total loan: $4,700

Fe En Dios Group

Flag of Peru
CUSCO, Cusco, Peru / Manufacturing

Fe En Dios Group's loan finished fundraising,
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A loan helped to buy leather and thread for making jackets.


Fe En Dios Group's story

These members belong to the Communal Bank “Fe En Dios”. This bank is located in the District of Cusco in Cusco Province, Department of Cusco.

One of the members is Sra. Nazaria. She is 66 years old, single, and has three children. Nazaria works at her sewing business in which she makes leather jackets. She sews the jackets and then sells them independently by delivering them to different shops. Nazaria works from 8:00 A.M. to 6:00 P.M. She has been in this business for 15 years and is doing very well. Her dream is to expand her business of making jackets. She requested a loan to buy leather and thread for sewing jackets.

This loan is part of a credit line offered by Asociación Arariwa called “Credi Yapa”. This loan product is offered to borrowers who have a good credit history and this group meets the requirements. Other members of this group engage in businesses such as providing photocopying services, selling clothes, managing a grocery store, and operating a restaurant.