A loan of $3,875 helped a member to buy rice and sugar.

Llamocctachi Group's story

The communal bank "Llamocctachi" started its 23rd loan cycle with 21 members.

The members have a variety of types of businesses such as: the sale of vegetables, groceries in general, young animals, and sweets, and also the cultivation of vegetables and the raising of livestock.

Such is the case of Violeta, who is the secretary of the communal bank. Violeta is married, 26 years old, and has 2 children. Violeta has a store in her house where she sells groceries and general merchandise, which she does every day. In addition, Violeta raises guinea pigs in sheds that she has at her home. She herself is in charge of planting the alfalfa that she feeds to the guinea pigs. Her loan will be invested in the purchase of rice and sugar. Violeta dreams of getting ahead, improving her business, building her house and exporting her guinea pigs.

The members need different amounts of loans, such as 300 Peruvian soles, 600 soles, or 900 soles, making a total of 10,950 soles.

In this group: Ines, Teresa, Felicitas, Eduarda, Cecilia, Alberta, Violeta, Antonia, Marcelina, Donato, Alejandrina, Nilda, Michael, Elizabeth, Fanny, Claudia, Leoncio, Elena, Claudia Marcelina, Nayda, Licef

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Translated from Spanish by Kiva volunteer Lisa Grobar

Loan details

Lenders and lending teams

Loan details