Funded

Total loan: $3,525
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Mundo Magico Group

Peru
Ayacucho, Peru / Grocery Store

A loan of $3,525 helped a member to purchase rice, sugar, noodles, milk, flour, and eggs.


Mundo Magico Group's story

The Communal Bank “Mundo Mágico” (Magic World) is starting its sixth loan cycle with 12 members. They engage in different business activities such as selling “salchipollo” (chicken and sausages), “ceviches” (marinated seafood cocktails), and groceries. Other members work as traders.

The President for this loan cycle is Leonor. She is 44 years old and a single mother with three children. Leonor owns a grocery store. The loan she is requesting will be invested in the purchase of rice, sugar, noodles, milk, flour, and eggs to restock her inventory.

Leonor joined FINCA Peru after being invited by a friend. She is grateful for having accessed the loans she has received and being able to save without much effort. Leonor also enjoys the seminars related to family and business. She is saving for her daughter’s degree.

In this group: Leonor, Profeta Emiliana, Yolanda, Vilma Sinforosa, Norma Luz, Eugenia Serafina, Eusebia, Edma Luz, Omar, Anghela, Georgina, Juan Hugo
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica



Loan details

Loan length:

7 months
Disbursed date: June 18, 2011

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: June 18, 2011