Funded

Total loan: $2,325
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Fuerza Group

Peru
Ayacucho, Peru / Retail

A loan of $2,325 helped a member purchase rice, sugar and milk along with other products.


Fuerza Group's story

The Fuerza Community Bank is starting its second loan cycle with 17 members. The members have different businesses like selling food, groceries, jellies, milk products, crafts, fruit or cheeses. Alicia is the president of the community bank. She is a 29-year-old single mother of two children. Previously she sold craftwork but because of family problems she had to give up the business. Three years ago she set up a grocery stO. in her home and little by little she added mO. products to the business. Now she sells fruits and vegetables. FurthermO., on Sundays she sells fruits and beverages at the city's animal trade fair, which she does with the help of her eldest daughter. Alicia plans to invest in her business by purchasing rice, milk and sugar. Her dreams are to have a big stO. and to build a home out of quality material. The members require different loan amounts, such as 300, 500 and 600 soles, for a grand total of 6,600 soles.

In this group: Flora , Rosa , Rita Felicitas, Gloria , Emilia, Gregoria, Alicia , Marybel, Priscila Ruth , Genoveva, Feliciana, Magna , Ana Maria, Mariluz, Liliana, Violeta, Jesusa
*not pictured

Translated from Spanish by Kiva volunteer Marty Greenstein



Loan details

Loan length:

6 months
Disbursed date: April 22, 2010

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: April 22, 2010