A loan of $2,875 helped a member buy clothing to sell.


Huascahura Group's story

The Huascahura communal bank begins its twelfth loan cycle with ten members. The members are all from the town of Huascahura, located 20 minutes from the city of Ayacucho. The members have various businesses such as meat sales, small animals, grains, groceries, clothing, handicrafts, and taxi service.

An example is Lucia, the president of the communal bank. She is 40 years old and has 6 children. She travels to wholesale markets in the region and buys grains, which she then sells in the markets of Ayacucho. She operates this business with the help of her daughter. Lucia will invest her loan in the purchase of a variety of clothing to sell. Lucia’s goals are to see her children finish school, and to improve her business.

The members of the Huascahura communal bank need different amounts of loans for their businesses, such as 300 soles, 600 soles, 900 soles, etc. In total, they are seeking a loan of 8,200 soles.

In this group: Felicitas , Julio, Alejandra, Faustino, Victoria, Maximiliana, Mariela, Andres , Lucia, Paulina Marina
*not pictured

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Translated from Spanish by Kiva volunteer jeff hersk



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