A loan of $425 helped a member haydee, Obdulia and Nancy need loans of 400, 200, and 600 soles (3 soles =$1), which will be invested in buying alfalfa seeds, sugar, rice, paying their laborer, tables, fish, and to open a salon.


Nancy's Group's story

Haydee, Obdulia and Nancy have belonged to the community bank “Cusi Urpi”, which means "happy bird" in Quechua, for one year, four months, and three years respectively. In their community bank they have learned to save, to be responsible, how to run their business, family planning techniques, and how to avoid getting sick.

Haydee is 19 years old and is single. She sells ceviche, a traditional dish made from marinating fish in lemon juice, near the college. She has had this business for two years. Haydee would like to improve her business by adding more tables. In addition, she would like to buy a cement mixer, which she could then rent out. At the same time she is studying to be able to enter the University.

Obdulia is a single mother. She is 43 years old and has two children. Obdulia sells food staples such as flour and sugar from a stand in the April Market of Ayacuhco. Furthermore, Obdulia has a small piece of land outside of town where she grows alfalfa to also sell in the market.

Nancy is 28 years old and single. She sells cosmetics from a catalogue to her family and friends. Nancy is thinking of opening a salon.

Haydee, Obdulia and Nancy need loans of 400, 200, and 600 soles (3 soles =$1), which will be invested in buying alfalfa seeds, sugar, rice, paying their laborer, tables, fish, and to open a salon. The community bank emphasizes the importance of saving, and each associate has an interest earning savings account. They are saving to buy a cement mixer, to pay for medical care for their daughter, and to open a beauty salon. Their dreams are to own a solid home, be professionals, that their children will be professionals, and to open their own salon.

In this group: Nancy, Haydee Vilma, Obdulia



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