A loan of $4,400 helped a member to buy young animals and grains to sell.


Nueva Era Group's story

The "Nueva Era" ["New Era"] Communal bank is starting its 35th cycle and has 14 members who work in various business. One member is Rosa María, president of the communal bank, who is 42 years old, married, and has eight children. She sells young animals like guinea pigs and chickens, and she also sells grains.

Rosa María is a native of Cayara. Her children came to Ayacucho to study, so each time she has come to see them she has taken advantage of the opportunity to bring young animals with her to sell in Ayacucho in order to cover her expenses. Her business is doing well and now she also travels to the market in Cayara, Pampas on Fridays. She sells her animals at the 12th of April market and returns on Sundays. The loan she is requesting will be used to purchase more animals and grains.

Rosa María enjoys her communal bank's meetings at Finca because she appreciates the trainings they receive, and also because she is able to save and borrow money. Rosa María's dream is for her children to become professionals and to have enough capital to open her own business.

In this group: Rosa María, Antonia, Silvia, Mardely, Elena, Salustiana, Elena, Adela Natividad, Benedicta, Antonia, Juan Marcial, Rosita, Norma, Lidia

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Translated from Spanish by Kiva volunteer Katie Kavanagh



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