A loan of $4,000 helped a member purchase of sodas, rice, sugar, alfalfa, wheat, barley, corn, cheese, and young animals.

Sabiduria Ii Group's story

The Sabiduría communal bank is starting its third loan cycle with 21 members.

The members are involved in various businesses such as selling groceries, clothing, handicrafts, vegetables, grains, meat, food, cosmetics, spare parts, cheese, etc.

As an example there is Basilia, who is married, 35 years old with 3 children. She has a stO. in her house where sells groceries, vegetables, and meat, which she does with the help of her daughter. In addition, on Saturdays and Sundays she travels to various markets where she buys cheese and young animals.

Another example is Teofila, who is married, 36 years old and has 2 children. Teofila, along with her husband, make beautiful woven products such as ponchos, which they sell in the city market. In addition, Teofila sells alfalfa in the Carmen Alto market.

Finally, there's Aydee, who is single, 31 years old with 2 children. Aydee works selling and buying cheese. Her sales are to workers and on credit. In addition, Aydee sells grains in the city of Chincha.

The members need differing loan amounts such as 300 Soles, 600 Soles, 900 Soles, etc. with a total of 11,950 Soles for the entire communal bank.

The loans will be invested in the purchase of drinks, rice, sugar, alfalfa, wheat, barley, corn, cheese and young animals.

The member's dreams are to improve their businesses, get ahead, save and that their children become profressionals.

In this group: Marilu, Bacilia, Haydee Rosa, Teofila, Margott Elizabeth, Ana Maria, Maria Victoria, Mariela, Melva Emilia, Melissa, Melida Sandra, Bedenisse Kelly, Gladys Elena, Marina, Maritza Yanina, Maria Pelagia, Zaira, Emiliana, Rocio, Maximiliana, Cirila

Translated from Spanish by Kiva volunteer Donald Allen

Loan details

Lenders and lending teams

Loan details