A loan of $1,350 helped a member bUYING CHEESES TO SELL.


Santa Rosa De Tambo Group's story

The Santa Rosa de Tambo Communal Bank began its first loan cycle with 10 members, all from the District of Tambo. The local population is dedicated to cattle raising and other commercial activities.

The members are involved in different businesses, including selling meals, general groceries, and raising cereals and animals.

A typical case is Mrs. Clementina who lives with her common law partner and has 5 children. Clementina raises cattle and produces milk and cheese. In addition, she buys cheese from her neighbors and sells these products along the coast. Her loan will be invested in buying cheese. Clementina dreams that her children will become professionals, and of buying a house in the city of Ica.

The members need different loan amounts, such as 100 sols, 300 sols, 600 sols, for a total of 3,800 sols in loans for this communal bank.

In this group: Erika Doris, Luz Meri, Mirtha Luz , Zaragoza Silvia, Medali Yuri, Noemi Gliset, Anamelda , Celay Noemi, Jenny Rufina, Clementina

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Translated from Spanish by Kiva volunteer Harold Dana Sims, PhD



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