A loan of $4,000 helped a member to buy supplies.

Don Bosco Group's story

Don Bosco - A small community bank made up of ten people, all of whom work in the retail industry. The members have worked with EDAPROSPO – PROSPERIDAD for three and a half years. The have invested the loans that they have received during this time in their own businesses with different objectives. Mirian Blanca C. A., who is group president, has a small farm in the town of Vicas (Huarochiri), land that was given to her by her mother. She cultivates crops according to the season, such as: alfalfa, corn, broad beans, potatoes and peas. With this business she has looked after her family and sent her children to college; she has faced this responsibility alone since ending her relationship with her husband.

During this time she worked to save some money that she invested in the acquisition of a salchipapas (fast food usually made of sausage and French fries) cart. With her first loan she bought some merchandise for her business, and with the income she earned, she was able to finish her repayments, which in turn meant that she could continue educating her two youngest children at college.

Miriam intends to continue investing the loan that she recently obtained in her salchipapas, hamburger and roast chicken business. In the future she intends to buy a cow with the capital she will receive, which will mean greater income for her family in the future.

In this group: Maura, Mirian Blanca, Celina, Susi Alejandrina, Justo, Yene Cristina, Zenon Zosimo, Margarita, Paulina, Maria Antonia

Translated from Spanish by Kiva volunteer Lara Francis

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