Funded

Total loan: $975
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Susana's Group

Peru
Ayacucho, Peru / Grocery Store

A loan of $975 helped a member invest in and expand their various businesses.


Susana's Group's story

Donatilda, Alfonsa, and Susana have been part of the community bank “Virgen Maria” for 5 years, 4 months, and 8 years respectively. In the community bank, they have learned to be responsible, punctual, and how to invest wisely in their businesses. They have also learned how to care for their children, have a positive relationship with their husbands, and to always smile.

Donatilda is 60 years old and is a single mother. She has four children, two of whom live with her. Donatilda sells fruit in the markets in the towns of Pampas and Ceccelambras. At the market she buys grains to sell in Ayacucho; she has had this business for three years.

Alfonsa is 30 and lives with her husband and three children. She owns a booth in the high school where she sells cookies and soft drinks. Furthermore, during school vacations she travels to other markets to buy grains and animals, which she sells in Ayacucho.

Susana is 50 years old. She is married and has 10 children, six of whom live with her. Susana sells bread, fruit, and vegetables in the markets around Ayacucho. From the markets she buys cheese, sheep, roosters, and grains to sell in Ayacucho. She learned this business from her grandmother.

Their loans are for 400, 800, and 1600 soles (3 soles = $1), which they will invest in buying bread, plantains, oranges, apples, avacados, sheep, pork, cheese, and potatoes.

They plan to use their savings to educate their children; decorate their homes; and treat illnesses. Donatilda dreams of having a roof for her house, and educating her children, while Alfonsa dreams of buying land to cultivate, having a bigger business, and having enough to eat. Susana dreams that her children will get married and be able to build their own houses.

In this group: Susana, Donatilda, Alfonsa
*not pictured



Loan details

Loan length:

6 months
Disbursed date: January 31, 2008

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: January 31, 2008