A loan of $900 helped to buy candies, cookies, Christmas cakes, panettones, drinks, etc. for the approaching Christmas holiday period.


Magdalena's story

Magdalena is 45 years old and lives in the city of Cusco. She has been a member of Arariwa's “La Unión” community bank for a long time. Magdalena divides her time between her household duties and her small business. She has a small grocery store in her home where she sells products such as rice, sugar, noodles, oil and a lot more besides.

Magdalena will use her loan for 2,500 nuevos soles to increase her business capital. She also wants to buy candies, cookies, Christmas cakes, panettones and drinks etc. for the approaching Christmas holiday period.

She is thankful for the opportunity which she is being given with this loan and therefore pledges to make her repayments in a timely manner.

Translated from Spanish by Kiva volunteer Linda Oxnard



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