A loan of $2,225 helped a member to purchase crackers, gum, soft drinks, rice, sugar, milk, and oil.

Las Hormiguitas Group's story

The communal bank "Hormiguitas" is part of the Wari project. The bank is beginning its 3rd cycle with 10 members. The members come from the Rumichaca community, Pillpichaca district, in the Huaytara Province of the Huancavelica Department. The principal activities are raising animals, such as llamas and sheep, and conducting commercial business in Via Libertadores - Wari.

The members each conduct different business, such as hospitality, and selling sweets, clothes, juice, jewelry, fish, and groceries.

Such is the case of Lourdes, who is married with 4 children. Lourdes is the president of the communal bank, and sells food, drinks, and sweets at a post in Rumichaka.

On the other hand, Monica is a single mother with 3 children. She has a small cafeteria where she sells drinks and sweets. She also works as a cook at an institution.

The members need different loan amounts. Their loans will be invested in the purchase of crackers, gum, soft drinks, rice, sugar, milk, and oil. The members' dreams are to improve their houses, or buy their own house, help their children become professional, and improve their own businesses.

In this group: Justa Lourdes , Monica , Marisol Victoria , Esther , Marcelina , Elba , Odilia , Maribel , Maria Ofelia , Haydee

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Translated from Spanish by Kiva volunteer Scott Lucas

Loan details

Lenders and lending teams

Loan details