A loan of $1,925 helped a member to purchase ingredients for food preparation.

Maria Elena Moyano Group's story

The communal bank "María Elena Moyano" is a successful group of ten individuals that was started six years ago. Every member of the group has a purpose and a goal in life which is to grow their businesses in order to provide economic stability for themselves and for their families.

This is the case with José U., age 48, who is married and has three children. Jose works every day to provide catering services for weddings, family reunions, and so on. He started in this line of work because his son was studying Peruvian cooking, and this provided an opportunity to start a family business.

With time, Jose was able to grow and develop his business, purchasing new and varied kitchenware and furnishing for the buffet services he provides. In the future, he would like to keep growing the business and expand into new areas. Jose will use the current loan to purchase ingredients for the preparation of dishes and desserts.

In this group: Jose , Janet Isabel , Sonia Maribel , Carmen Rosa , Violeta , Kharym , Jose Luis , Aurelia , Priscilla , Katherine

Translated from Spanish by Kiva volunteer Andrei Vazhnov

Loan details

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Loan details