A loan of $1,600 helped a member additional products for sale (including fruits and vegetables, other grocery items); investment in materials for handicrafts and a restaurant business.

Rubi Group's story

Pictured here is the communal bank "Rubi" whose members have been working with Manuela Ramos, a Kiva field partner, for just four months. This communal bank was created on March 2009. The majority of its members live in Pucallpa in a neighborhood called "26 de Enero" (26th of January). Señora Medita Chávez R. is 24 years old and is the president of "Rubi."

"Rubi" has 11 members. The members have confidence in one another. The group is small and the women are cheerful. They take their commitments seriously and view their businesses optimistically. The members of "Rubi" are requesting a loan of 4800 Nuevos Soles in total, which each woman will invest in her business. This will be the second loan that the members have received from Manuela Ramos. The members of "Rubi" dedicate themselves to a variety of business ventures, including selling plantains, other fruits and vegetables, rice, handicrafts, fish, basic grocery items, and cooked food.

The members of this bank are pleased to be receiving economic support from Manuela Ramos. Manuela Ramos also gives educational sessions during each monthly meeting, programming which helps the women to continue developing their businesses.

In this group: Bertha, Sofia, Adela, Medita, Martina, Kelly Janeth, Mery Isabel, Gloria Luz, Jessica Patricia, Eunice, Elena*
*not pictured

Loan details

Lenders and lending teams

Loan details