A loan of $3,675 helped a member to buy groceries such as rice, sugar, pasta, oil, vegetables, meat and other food items.


San Benito Group's story

The "San Benito" communal bank is in its sixth term with FINCA Perú. The members sell sodas, groceries, prepared meals and recreation services.

Silvia is the president of the bank. She is 43 years old and has 4 children (ages 27, 23, 21 and 11). She runs a restaurant and is requesting a loan in the amount of 2,500 PEN which she plans to use to buy groceries such as rice, sugar, pasta, oil, vegetables, meat and other food items to prepare meals.

Her restaurant is located in "Ejército" Avenue where she serves breakfast, lunch and dinner. She also has a catering service. This is her sixth loan through FINCA Perú and she likes it because of the good credit terms and the fact that she can save money. With her savings she was able to buy doors and windows for her house and start her business. She is saving to buy a display case to exhibit her cakes, gelatins and ice creams. Her dreams is that her children become professionals and that her business be more and more successful.

In this group: Silvia, Paulina , Felicia , Noemi , Elva , Magaly , Edith , Jaime , Alejandra , Vilma , Julieta

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Translated from Spanish by Kiva volunteer Sherry Bess



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