Total loan: $1,875
Las Progresistas De Cupiche Group
Huarochiri, Lima, Peru / Services
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A loan helped To buy a sewing machine, wools, threads, needles and other materials.
Las Progresistas De Cupiche Group's story
The “Las Progresistas de Cupiche” communal bank has 8 members; some are merchants and others provide a car wash service for interprovincial buses. Ynes Gladis C., 39, is group Treasurer. She’s married and has two dependent children. She provides a car wash service for interprovincial cars that arrive from various points in the Peruvian interior (Huánuco, Pasco, Huancayo, Pucallpa, Tingo Maria, etc.). She has been providing this service for 10 years. Three years ago she started to make artisanal knitting and crochet works like socks, ponchos, sweaters, etc. that she sells at wholesale and retail. She was motivated to go into crafts with the intention of helping her husband, who works in transport with a leased car and barely earns enough for daily expenses, so that both of them could contribute to improving their family income. Thanks to her earnings they can pay for their two children’s education; one of them is getting ready to seek admission to the University. This family very much wants to acquire a vehicle of their own that will help them improve income in addition to buying a sewing machine, wools, threads, needles and other materials that are useful for her work. The members of the “Las Progresistas de Cupiche” communal bank are grateful for the loan granted and assure its prompt repayment.
Translated from Spanish by Michael Bujazan, Kiva Volunteer