A loan of $3,800 helped a member operating capital for their respective businesses.

Anccaras Group's story

María is in a common law marriage and has two children, ages 7 and 1. She started a business selling meat door-to-door. María borrowed the initial capital from her mother-in-law. She used the funds to buy mutton to sell. Now that she is with FINCA, María is satisfied because she enjoys the seminars and has learned how to save. With the requested loan, she will buy more mutton. Her dreams are to own her own home, have financial stability, and open a butcher shop at the market.

Viriginia is a single mother with six children, ranging in age from 5 to 20. She previously sold sheep’s head soup on the street corner and had little capital. A neighbor invited her to join one of the Communal Banks associated with FINCA. She has now participated in two loan cycles as a member and is thankful for the loans she has received. The seminars have been a great help to her business, but now she does not sell as much because of the constant rains. At least she sells just enough to allow her family to eat. The loan she is requesting will be used to buy groceries, dishes, and a table. Her dreams incluD. seeing her children become professionals, opening a restaurant, and owning a home.

Martha is in a common law marriage and has eight children, ranging in age from 10 months to 20 years. She did not know anything about business, but when she arrived in Lircay two years ago, she learned how to prepare and sell “anticuchos” (skewered meats). Now with these new loans, she wants to expand her business by selling beverages maD. of apples and maca root in order to support her eight children. Martha also offers to wash clothes whenever business is slow because of the rains.

In this group: Maday Bethzaida, Martha Beatriz, Marina, Victoria, Alicia, Gladys, Aracely, Ruben, Virginia, Ida Cecilia, Maria, Roxana, Juanita, Maura, Virgen Soledad, Olga, Juana, Gregoria, Teresa

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Translated from Spanish by Kiva volunteer Ronan Reodica

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