Funded

Total loan: $2,800
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Somos Impacto 2006 Group

Peru
Huaycan, Peru / Knitting

A loan of $2,800 helped a member to expand her handbag business.


Somos Impacto 2006 Group's story

Margarita is the president of the group "We are Impact 2006." She has been the president for two years, but the group has successfully borrowed together for more than five years. Margarita has a life partner and five children who range in age from 14 to 25. She has enjoyed knitting since high school and started her own handbag business a few years ago. She makes brightly colored woven bags that her customers typically use as purses.

Up until this point, Margarita has taken orders for purses and sold them out of her home. With this loan, Margarita is hoping to hire someone to help her knit and increase her inventory so that she might sell her purses in a local market. She is very excited to expand the business that helps to support her family.

In this group: Margarita, Dina Ygnacia, Reyna*, Justina, Flor Maria, Felicia, Sofia, Rosalinda, Marilu, Berenice*, Bertha
*not pictured



Loan details

Loan length:

6 months
Disbursed date: November 16, 2010

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: November 16, 2010