A loan of $300 helped to purchase rice, sugar, noodles, and corn.

Josefina's story

Sra. Josefina is a member of the Communal Bank “Tercer Milenio” (Third Millennium) which is located in the District and Province of Urubamba, Department of Cusco.

She is 65 years old, married, and has five children, all of whom are independent. Josefina has a vending stall at the central market in Urubamba where she sells “chicha D. maiz” (a beverage maD. from corn). She also sells from her home on Saturday and Sunday afternoons. Josefina says she works to keep from getting bored and that her children help her. Upon receiving her loan from the Communal Bank, she says she will invest in the purchase of corn, rice, oil, corn, and other products. As a result, she will earn enough to cover her monthly payments and also give some money to her children. Josefina wants to continue her business as long as she has the strength to make it possible. The loan she is requesting will be used to buy rice, sugar, noodles, and corn.

Josefina is happy with the loan being provided and promises to complete her payments on time.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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