A loan of $3,950 helped a member purchase vegetables, rice, oil, sugar, meat, and other products.

Amistad Group's story

The Communal Bank “Amistad” (Friendship) is in its sixth loan cycle with 15 members. They are requesting a loan to invest in their businesses. María is one of the members of this Communal Bank. She is married and has a restaurant that she has managed for two years. María claims that she has not had any difficulties with her business. Her dream is to have her own location and to make her business grow.

María currently serves as President of the Amistad Communal Bank and has done so on three previous occasions. It should be mentioned that the Amistad Communal Bank is an example to other groups of how to practice all the values promoted by FINCA Peru. Her goal as President is to obtain larger loans so that all the members can increase their businesses.

The loan she is requesting for herself will be used to buy supplies for her restaurant such as vegetables, rice, oil, sugar, meat, and other products. In the photograph, María is the woman raising her hand.

In this group: Donatilda, Primitiva, Ysolina Charito, Gardenia Lupe, Marleni, Rosalyn Svetlana, Cleofe, Elsa, Maria Trinidad, Felimon, Olga, Enma, Roxana Estefani, Mariela Dina, Liliana

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Translated from Spanish by Kiva volunteer Ronan Reodica

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