Funded

Total loan: $3,400
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Musuq Inti Group

Peru
Ayacucho, Peru / Bakery

A loan of $3,400 helped a member buying flour and butter.


Musuq Inti Group's story

“Musuq Inti” means “New Soles” (Peruvian currency) in the Quechua language. The Musuq Inti Community Bank is starting its fifth cycle, with 17 members.

Julia has been a bank member for two cycles. She has always been taught to be responsible and positive. She’s married with four children—one has already finished university and entered the work force. The other three are still studying.

Julia runs a bakery out of her home. She prepares traditional biscuits and chapla. She uses her car to distribute these products to stores. She also has a grocery store in her home. Her daughters help her run it in their spare time. Julia grows potatoes and quinoa, too, and sells it in markets. She may soon give up growing produce, though; it’s not profitable.

Julia needs a loan of 600 soles for flour and butter. She hopes to one day buy a new car so that she can easily travel around Ayachuco. She wants to see her children become professionals, and she hopes to stay young so that she’ll be able to work for years to come.

In this group: Julia , Juana, Martha Teresa, Carmela Maritza , Maria Julia, Clotilde Reyna, Digna , Irene, Yovana, Margot, Marina, Maria Jesus, Liz Maritza , Hercelia, Ruth Miriam, Leonardo, Juana Vilma
*not pictured

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Loan details

Loan length:

7 months
Disbursed date: June 14, 2010

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: June 14, 2010