Funded

Total loan: $4,950
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Puca Puca Group

Peru
Ayacucho, Peru / Retail

A loan of $4,950 helped a member to buy grains, cheese, garlic, wood, cosmetics, clothing, vegetables and firewood.


Puca Puca Group's story

The Puca Puca(which means Red Red )Communal bank is starting its third cycle with 18 members. The members have different businesses like the selling food, grains, general groceries, clothing, firewood, vegetables, small animals, cosmetics and carpentry.

Like the case of Ms. Epifania, who is married, is 70 years old and has 4 children. She sells food in the afternoons in front of her neighborhood’s health clinic. She also travels to markets to buy cheeses and grains that she sells to middlemen.

While Jesusa has a live-in partner, is 39 years old and has 5 children. Jesusa along with her husband have a carpentry workshop and they also rent their machines to construction projects. In addition, Jesusa buys and sells wood.

The members need different amounts for their loans like 450 soles, 600 soles, 1000 soles which is a total amount of 14,050 soles in loans in the Communal Bank.

Their loans will be invested in the purchase of grains, cheese, garlic, wood, cosmetics, clothing, vegetables and firewood.

The dreams of the members are to build their houses, improve their businesses and buy other machines.

In this group: Epifania, Jesusa, Saturnina, Angelica , Marleny, Irene, Jossy, Rosa , Josefina, Teresa, Geovana, Vilma, Yobana , Ruth Mery, Noemi , Marcelina, Daniel Fernando , Leocadia Yolanda
*not pictured

Translated from Spanish by Kiva volunteer Lauren Jackson



Loan details

Loan length:

8 months
Disbursed date: January 15, 2010

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: January 15, 2010