A loan of $3,025 helped a member purchase small animals, fabrics, polo shirts, sweaters, rice, and sugar.

Nazareno Group's story

The Nazareno (Nazarene) Communal Bank started its fifth cycle with 17 members. They are engaged in different retail businesses selling food, groceries, fruits, small animals, grains, cheeses, ready-to-wear clothes and tailored clothing.

One of the members is Juana, who is 50 years old, married, and has 5 children. She has a vending post at the “12 D. Abril” market where she sells groceries, food, and chicha (a regional fermented beverage). Her business is open every day.

Another member is Felicitas, who is 39 years old, single, and has 5 children. She sells food at the traditional foods fair every two weeks. Felicitas also sells food at the Nazarene fair every Monday. She has plans to start raising small animals from home.

The members need different loan amounts ranging from 300 soles, 600 soles, to 900 soles for a total of 8850 soles to the entire Communal Bank.

Their loans will be used to purchase small animals, fabrics, polo shirts, sweaters, rice, and sugar.

The members dream of having their own stores, improving their businesses, encouraging their children to pursue professional careers, owning their own homes, and starting other businesses.

In this group: Felicitas, Juana Francisca, Elizabeth, Nila Justina, Norma, Diana, Rocio Del Pilar, Oscar, Maria Fortunata, Delia, Constantina, Felix, Dino, Fara Luz, Gladys, Beatriz, Marleny

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Translated from Spanish by Kiva volunteer Ronan Reodica

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Loan details