A loan of $4,550 helped a member to buy products because she has orders to fill.

Amistad Group's story

The 'Amistad' (Friendship) community bank is starting its 8th loan cycle with 14 members. The bank's members sell shoes, cosmetics, cheese, mattresses, blankets and telephone calls, own a drugstO. and make bread.

The bank's president for this cycle is 27 year-old Marleni who lives with her partner and has two children. Her business is selling shoes. On Sundays she sells her products in the Las Américas street market and on Mondays in the Las Nazarenas street market. She learned this business when she was still a young girl because her mom is in the same business.

Marleni joined FINCA Peru through an invitation from her mom. She has been a member for 7 loan cycles. She likes it because of the ease of obtaining loans, without the need for so much paperwork, and because they practice values. Marleni is saving so that she can build up her own capital. Her dream is to be able to own her own business premises and proviD. her children with a good education.

In this group: Marleni, Primitiva, Rosalyn Svetlana, Cleofe, Elsa, Maria Angela, Olga, Enma, Norma, Edith, Felipe, Vicenta, Marciana, Lizbeth

Translated from Spanish by Kiva volunteer Linda Oxnard

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