A loan of $2,300 helped a member invest in their small businesses.

San Francisco De Totos Group's story

The San Francisco D. Totos Communal Bank is located in the Totos community, in the district by the same name, province of Cangallo, department of Ayacucho. This community is located 3,500 meters above sea level, some 154 km from the city of Ayacucho. This community is involved chiefly in cattle farming and agriculture.

Margarita is a married mother with 5 children. She sells small animals, which she buys at farmhouses and fairs. She then sells them in her community, and her children help her out with the business. Margarita needs a loan, which she will invest in purchasing more animals. She works arduously because she wants her children to become professionals.

Hilda is a married mother with 3 children. She owns a general store in which she sells basic need items, which she purchases in Ayacucho and sells in her community.

Hilda needs a loan with which she will restock her business. Hilda would like to improve her quality of life and have her own home, for which she is now saving money.

In this group: Margarita, Hilda Maricela, Luisa, Jovita, Bertha, Fidencia, Adela Cristina, Romualda, Epifania, Julia, Julia, Teodosia, Fausta

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Translated from Spanish by Kiva volunteer Elizabeth Casian

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