Total loan: $1,075

Virgen Del Carmen Group

Ayacucho, Ayacucho, Peru / Retail

Virgen Del Carmen Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped Operating capital for their businesses.

Virgen Del Carmen Group's story

The “Virgen del Carmen” Communal Bank is located in the Huanupampa community in the District of Totos, Cangallo Province, Department of Ayacucho. This community is located 3800 meters above sea level and is known for being a center for raising livestock and farming.

Melania is married and has two children. She sells groceries, which she acquires in the city and then sells in her community. Her husband helps with managing the business. Melania is requesting a loan to acquire merchandise for her business. Her goal is to purchase a car to help with her hard work.

Gregoria is married and has three children. She sells cheeses and fruit in the community of Totos. Her husband and children help her with the business. Gregoria is requesting a loan so that she can restock her business. She is saving money to pay for her children’s education because she want them to become professionals.

Translated from Spanish by Ronan Reodica, Kiva Volunteer