Funded

Total loan: $4,900
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Virgen Del Carmen Group

Peru
Ayacucho, Peru / Food Stall

A loan of $4,900 helped a member buy chili peppers, potatoes, and sacks of rice.


Virgen Del Carmen Group's story

The members of the Virgen del Carmen Communal Bank are from the Pacaycasa district, which is 30 minutes from the city of Ayacucho. Petronila is the president of the communal bank. What she likes the most about the communal bank are the trainings about families.

Petronila is married and has two children who go to school. Petronila and her husband make handmaD., unbaked bricks. They sell them to be baked later. She also buys “tara” (a Peruvian plant whose tannins are most commonly used in the manufacture of furniture leather) and “cochinilla” (an insect used to make a red dye) in the different communities in her district. Her son helps her. She has a car where she keeps the products that she sells wholesale.

Petronila also sells food on Saturdays and Sundays in the stadium in her community. She makes various dishes that are typical in her area.

The loan is to buy chili peppers, potatoes, and sacks of rice. Petronila wishes to buy land in order to build a house for her children and to have more capital.

In this group: Petronila, Zosima, Leonilda, Dina, Julieta, Nicolasa, Felicitas, Francisca, Gladis, Marciano, William , Mery, Olimpia, Flora , Renee Bertha, Antonia, Edit, Ruth Carina
*not pictured

Translated from Spanish by Kiva volunteer Ginny Kalish



Loan details

Loan length:

7 months
Disbursed date: June 7, 2010

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: June 7, 2010