A loan of $2,400 helped a member purchase rice, sugar, and sodas.

Luz De Los Cachorros Group's story

The Communal Bank “Luz de los Cachorros” is starting its third loan cycle with 12 members.

Rosa is the Communal Bank President. Throughout her time as a member, she has learned how to be responsible and establish some savings. Rosa is single and has six children, four of whom are in school. She manages a restaurant from a rented location near the Magdalena Market. Rosa works every day from morning to night with the help of her children. She is requesting a loan of 600 PEN to buy rice, sugar, and sodas.

One of Rosa’s children is about to enter the university, so she hopes they will all be able to finish their studies. She would like to see them become professionals and also hopes to improve her business.

In this group: Rosa, Teofila, Gloria, Elizabeth, Demetrio, Juana, Mauro, Magda Ines, Juana, Marilu Gregoria, America, Elizabeth Karina

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details