A loan of $1,675 helped a member purchase thread, dye, wool, fabric, rice, sugar, wheat, and corn.

Rio De Oro Group's story

"Banco Comunal Río D. Oro" is initiating its second season with 13 partners. The partners have different businesses such as sale of cereals, food, small animals, garments, artcraft, and fruit.

Eg. Rosa is married, 34 years old, and has 5 children. Rosa breeds pigs and sells the meat at her house.

Norma is a widow and has 10 children. Together with her children she makes beautiful woven fabrics such as "pasadizos" (carpets). She sells from a stand at the artcraft market. Eventually she also buys and sells cereals.

Martina is married, 45 years old, and has 3 children. She has a general store at her house, and sometimes she travels to the fairs to buy a variety of cereals.

The partners need to lend different amounts such as 300 soles, and 900 soles, making a total of 5,100 soles in loans from the Banco Comunal. Their loans will be invested in the purchase of thread, dye, wool, fabric, rice, sugar, wheat, and corn.

The partners' dreams are to increase business, to supply their businesses with more products, that their children finish their schooling and to improve business.

In this group: Martina , Karina Jasmina , Rosa , Norma , Carmen Beatriz , Herminia , Heracleta, Rocio Karina , Modesta , Norberta , Juanita , Marcelina , Sonia

Translator profile picture

Translated from Spanish by Kiva volunteer lene struck

Loan details

Lenders and lending teams

Loan details