A loan of $725 helped to buy rice, sugar, flour, etc.

Faustina's story

Ms. Faustina is a member of the "Señor de Huaynaroque" Communal Bank, which is located in the province of San Román, department of Puno. She is 35 years old, in a common-law marriage, and has three children. She finished primary school.

Ms. Faustina has been working with Movimiento Manuela Ramos ["Manuela Ramos Movement"] for 3 years. She reports that her first loan was for 300.00 nuevos soles, which allowed her to increase capital for her grocery store.

Currently, Ms. Faustina is requesting a new loan of 2,000.00 nuevos soles. With this loan, she will be able to buy more rice, sugar, flour, and other staple items, in order to grow her business. She says that she also provides a service renting tents and stages.

Her dream for the future is to increase her capital and to expand her grocery business.

The savings and regularity of payments are the things she most likes about her communal bank.

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Translated from Spanish by Kiva volunteer Katie Kavanagh

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