A loan of $3,250 helped a member buy sheep and goats.

Iris Lanao Group's story

The Iris Lanao Communal Bank has begun its 7th loan cycle with 13 members, all of whom have different businesses. The members are from the District of Chiara, which is located 2 hours outsiD. the city of Ayacucho.

Bernardina, president of the communal bank, dedicates herself to buying and selling livestock. She acquires the animals in Chiara and sells them at the animal fair in the city of Ayacucho. On occasions, she sells meat. In addition, Bernardina buys grains which are then milled, and she also buys dried potatoes. These products too are sold in the city of Ayacucho. Bernardina can't count on the aid of her husband, so she is involved in various activities, in order to be able to maintain her home. She has 5 children, 2 of whom are still studying. Bernardina dreams that her children might study in the university. Her loan will be invested in buying cattle and goats.

In this group: Rosa , Enma Isabel , Aydee, Bernardina, Maura, Adelaida, Maria Julia , Juan , Dominga, Isidora, Fredy, Rosmery, Valentina

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Translated from Spanish by Kiva volunteer Harold Dana Sims, PhD

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