A loan of $2,625 helped a member to purchase food items at whole-sale prices.


Flor Kantutita Group's story

Regional Office GERMAN BUSCH
Communal Bank “FLOR KANTUTITA”
Date: 07/15/2010

The communal bank “Flor Kantutita” is requesting a loan for the fourth time; it is a part of the German Busch Regional Office. It is made up of nine people. Their President is Rosario del Carmen L. C..

Rosario del Carmen L. C. has worked with Pro Mujer for 3 loan cycles (approximately 1.5 years). Her business for the past eight years has been selling food. She sells in the neighborhood of Alto Lima.

Her first loan was for Bs. 1,500.00. Currently the communal bank has approved her to receive Bs. 3,500.00. She says that she will use it to buy foodstuffs at wholesale prices.

The members of the communal bank have several types of businesses, such as: Selling fabrics, selling food, general sales, selling cosmetics, making turtle-neck sweaters, pasanaku (an informal system of daily savings), and making and selling CDs, DVDs, and VCDs.

In this group: Rosario Del Carmen, Cipriana Rosa, Bertha Berna, Judith Olivia, Jeanneth Juana, Paola, Andres, Blanca Albertina, Ayda

Translated from Spanish by Kiva volunteer Jennifer Day


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