A loan of $2,250 helped a member buy vegetables, sugar, rice, milk, clothing, wool and dyes.

Nueva Ilusión Group's story

The Nueva Ilusión ("New Illusion") Village Bank has 13 members and is currently beginning its third loan cycle.

The group members have different businesses, and sell clothing, basic grocery items, grains, candy, vegetables, prepared meals and art.

For example, Nelly is 34 years old and married with two children. She sells basic grocery items on foot in the Abastos Market in the city of Ayacucho. She also sells catalog cosmetics to friends and family members.

Another group member, Susana, is 54 years old and married with six children. Susana runs a neighborhood grocery store from her home, which she opens seven days a week. She also sells prepared meals on Mondays at the Nazarenas market.

The group members are requesting different loan amounts, such as 300, 600 or 900 soles. In total, the village bank is requesting a loan of 6,700 soles. Group members will use their loans to buy vegetables, sugar, rice, milk, clothing, wool and dyes.

Some of the group members' dreams are to expand their businesses in order to better support their families, to proviD. their children with a good education, and to own their own homes.

In this group: Vilma Elena , Rosa Victoria , Paulina , Ernestina , Margarita , Bertha , Lizbeth Karina, Florisa , Nelly Julia , Lucia , Eudosia , Alejandra , Susana

Translator profile picture

Translated from Spanish by Kiva volunteer Cynthia McMurry

Loan details

Lenders and lending teams

Loan details