A loan of $525 helped purchase sugar, yeast, butter, firewood, and flour.

Angelica's story

Sra. Angélica has been a member of the Communal Bank “Virgen D. la Candelaria” for three years. The bank is in the District of Ilave, El Collao Province, Department of Puno. She is 54 years old, married, and has 6 children. Angélica completed her elementary school education and operates a bakery.

She says that the first loan she requested from Manuela Ramos was in the amount of 500 soles and was used to increase her capital so that she could buy supplies for her bakery. Angélica is now requesting a loan of 1500 soles to buy more ingredients and supplies for making bread such as sugar, butter, yeast, firewood, etc. Her dream for the future is to expand her bakery. What she enjoys the most about her Communal Bank are the savings.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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