Total loan: $4,450
Virgen Guadalupe Group
Urubamba - Urubamba - Cusco, Cusco, Peru / Food
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A loan helped to buy rice, sugar, milk, oil and cookies.
Virgen Guadalupe Group's story
The members of the “Virgen Guadalupana” communal bank are located in Cusco District belonging to Cusco Province and Department. Margot, 28, has a spouse and two children. She works in her grocery store selling basic staples like rice, sugar, milk, cookies and candy. She works from 6am until 10pm and has been in business four months. She used to work selling soft-drinks in the city of Quillabamba that’s six hours from the city of Cusco but she didn’t do too well because profits were very low. Her dream is to expand and have a bigger grocery store. She requests the loan to buy merchandise like rice, sugar, milk, oil and cookies for the store. She is grateful to those who share her dream by this means and commits to make her installment payments as scheduled. The other members sell food, vegetables, corn and raise animals.