A loan of $3,000 helped a member buy rice, sugar, paper, firewood, meat, assorted clothing, fruits, vegetables.

Teresita Group's story

The Community Bank Teresita begins its second cycle with 15 members.

The members have different businesses such as food sales, general store, firewood, vegetables, fruits and clothing.

As an example, Martha lives with her partner, is 36 and has four children, her general store is in her house and she sells general merchandise, vegetables, meat, she also works in agriculture in her lands located in the jungle.

Diana on the other hand, is single, 30, has two children and sells beauty products through catalog, her sales are both retail and wholesale. Diana has a project to open a restaurant.

The members need different loan amounts in soles currency such as $300, $600, and $1,050 for a total of $8,550 soles in loans from the Community Bank.

Their loans will be invested in purchasing rice, sugar, paper, firewood, meat, assorted clothing, fruits, vegetables.

The members’ dreams are that their children become professionals, have a business of their own, increase their income and purchase more displayers for their store.

In this group: Martha, Diana Jeannette, Heraclio, Brigida, Felicita Rosalyn, Dina, Beatriz, Mamerta, Cirilo, Heraclea, Modesta, Margott, Juve Norberta, Naida Rebeca, Benito Salvador

Translator profile picture

Translated from Spanish by Kiva volunteer Sofia Burt

Loan details

Lenders and lending teams

Loan details