Total loan: $1,175
Fe Y Alegria Group
San Juan de Lurigancho, Lima Region, Peru / Retail
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A loan helped to buy a larger quantity of products in order to have a greater available inventory.
Fe Y Alegria Group's story
Mrs. Eulidia is the president of the “Faith and Happiness” Community Bank. It is maD. up of seven members. They chose this name because most of the women who founded this group have children studying at the school called “Faith and Happiness”. They also identify with the significance of these words. Eulidia is married with two minor children. She sells beauty and natural products from a catalogue. She has been doing this for the past eight years. She discovered that she has a natural sales ability when a friend proposed to her that she might like to sell the products that she liked to use. She also has a booth in the school. Eulidia's dream is to have a better home. She would like to have an entryway maD. of oak. She also would like to add a second floor to her house where her children could have their own rooms. She would then be able to have a store in her house and also a place to store her natural products. Right now her house is maD. of wood and aluminum.