A loan of $3,600 helped a member to purchase wood for her carpentry shop.

Sinceridad Group's story

The communal bank "Sinceridad" is starting their 6th loan cycle. There are 16 members and they all have different businesses, including general grocery store, beauty salon, Huamanga gravestones, milling services, and dried potato sales.

Maximiliana is the president of the communal bank for the current loan cycle. She is 62 years old, married and she has 4 children. Maximiliana and her husband have a carpentry business where they make doors, windows, railings, dressers, hutches, etc. Maximiliana requests a loan to invest in the purchase of wood. She has been with Finca Peru (Kiva Field Partner) for the past four loan cycles. She joined following an invitation by a promoter. She appreciates her communal bank because she learns many things and she is able to save money. She enjoys some pleasant moments with her colleagues.

She is saving money to travel to Argentina to visit her daughter.

In this group: Maximiliana, Marcelina, Ana Maria, Corina, Andrea Avelina, Floriza, Pelagia, Francisca, Graciela, Vicky Haydee, Marleni, Bertha, Irene, Nancy Amanda, Cesario, Cristina

Translated from Spanish by Kiva volunteer

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