A loan of $725 helped purchase cosmetics & costume jewelry.

Margarita's story

Sra. Margarita is a member of the Communal Bank “Señor D. Locumba”, which is located in the District of Yunguyo, Yunguyo Province, Department of Puno. She is 57 years old, married, and has 4 children. Margarita lives in the community of Tanapaca. She was able to pursue a higher education, but did not finish.

Margarita has been working with Manuela Ramos for more than 2 years. Her first loan in the amount of 300 soles provided additional capital for her handicraft business. She is now requesting a new loan of 2000 soles to purchase costume jewelry and cosmetics that she will sell by order.

Margarita hopes to open a cosmetics store. She enjoys her savings and the simplicity of her loans.

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details