A loan of $2,900 helped a member to buy vegetables in wholesale quantities.

Las Nazarenas Group's story

The Las Nazarenas Communal Bank, which is starting its second loan cycle, has 16 members who run a variety of businesses.

Rufina E. is a member of the communal bank who is married and has six children and four grandchildren. Her oldest child is married, two others have graduated from university, and two are still in school. Rufina buys vegetables to sell at her stand in one of the main markets of Ayacucho. She will use the loan she is requesting to buy vegetables in wholesale quantities. Rufina enjoys her communal bank's meetings, though she admits that with her busy work and family life, it is sometimes difficult to attend the meetings that are scheduled every two weeks.

Rufina's dream is for all of her children to graduate from university and to become professionals.

In this group: Rufina, Raquel, Flora, Mirza, Emerenciana, Maribel Rosario, Antonia, Sulma, Edgar, Catalina, Katherin Sintia, Hernan, Nazario, Martha Rosmery, Epifania, Gladis
*not pictured

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Translated from Spanish by Kiva volunteer Katie Kavanagh

Loan details

Lenders and lending teams

Loan details