A loan of $3,825 helped a member for the investment in merchandise for their businesses.

El Progreso De La Amistad (The Progress Of Friendship) Group's story

The communal bank "El Progreso D. la Amistad" (The Progress of Friendship) was formed 5 years ago and set up by 15 partners who live in the Horacio Zevallos area, district of Ate, department of Lima, and work in diverse activities such as production, traD. and services.

Currently, Prisciliana S. occupies the position of president. She comes from Huancavelica, is 54 years old, married and has 6 children. For 23 years, she has worked selling hand-maD. fabrics such as sweaters, cravats, ponchos etc. In the future, she would like to export her fabrics and patent her brand.

Luís C. is currently the treasurer. He comes from Lima, is 50 years old and married with 3 children. Luís has had a printing workshop for 8 years and will use the loan to maintain and develop his premises.

Ana V. currently occupies the role of secretary. She comes from Cañete, is 38 years old, has a son and has been separated for 5 years. She has a small workshop making jeans and will use the loan to buy jean fabric for her production. Ana would like to export and patent her brand of jeans.

In this group: Luis Alberto, Maria Del Rosario, Melva Benita, Dalila, Lisbet, Maria Regina, Maria Julia, Ana Isabel, Prisciliana, Marita Flor, Regina Clodualda, Sara Rumalda, Maximina Isabel, Fanny Rocio, Maria Sabina

Translated from Spanish by Kiva volunteer Stephen Bayley

Loan details

Lenders and lending teams

Loan details