A loan of $375 helped purchase groceries.

Elvira Sonia's story

Elvira has been a member of the Communal Bank “Nuevo Amanecer” (New Dawn) for eight years. This Communal Bank is located in the District of Juli, Chucuito Province, Department of Puno. She is 30 years old, single, and has two children (ages 9 and 5). Elvira did not complete her college education.

She has a grocery store and brings back merchandise twice a week from Cusco where products are sold in bulk. With the first loan she requested from Manuela Ramos, which was in the amount of 300 PEN, she was able to increase her capital.

Elvira is requesting a new loan of 1000 PEN for buying groceries. Her dream is to grow her grocery business. What she enjoys most about her Communal Bank are the loans and the savings.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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