A loan of $1,250 helped a member purchase of cheese.

Virgen Inmaculada De Concepcion (Virgin Of The Immaculate Conception) Group's story

The community bank called Virgin of the Immaculate Conception in Tambocucho began its first loan cycle with 10 members. The members are from the community of Tambocucho, and this population raises animals and works in agriculture. The members have different businesses, such as selling animals, grains, and groceries, raising animals, and working in agriculture.

Description of the case of Miss Teodora: she is single and does not have children. She has a store in her house where she sells general groceries. She also sells small animals and cheese that she buys in her community, and she works in agriculture. The loan that she will receive will be invested in the purchase of cheese that she will sell in the city of Ayacucho. Teodora’s dreams are that her younger brothers have professional careers.

The members need different amounts of loans such as 100 soles, 200 soles, 1000 soles, giving a total of 3,500 soles of loans in the community bank.

In this group: Lourdes, Maria, Teodora, Alberta, Eda Elena, Ana, Acensiona, Zenobia, Tomasa, Maura

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Translated from Spanish by Kiva volunteer Kelley Maynard

Loan details

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Loan details