A loan of $750 helped a member to invest in buying materials to expand their businesses. These items include flour, yarn, wool, sugar, and butter. The loan helps them buy in larger quantities and receive lower prices.


Aydee Ambrosia's Group's story

Aydee, Domenica, and Santa have been members of the community bank “Sr. de Luren” for between two and five years. During that time, they have learned about responsibility, saving, and punctuality. In addition, they have learned how to depend on themselves and develop enduring relationships with other bank members.


Aydee is 33 years old and has a seven year old daughter. She owns a bakery that was started by her mother. She has been running the business since her mother retired four years ago. In addition, Aydee is studying to be a lawyer.


Domenica is 33 and has a five year old son. She knits items such as hats and gloves that she sends to Lima to be exported. She knits all of her products by hand. Domenica has been knitting for five years, before that she sold firewood. She is much happier now.


Santa is 32 and has two children. She moved to Ayacucho nine years ago from the jungle region of Peru and started a business selling food staples such as rice, sugar, and oil. Since that time, and especially since joining the community bank, her business has grown considerably.


Aydee, Domenica, and Santa need loans of 1200, 600, and 400 soles respectively (3 soles = $1, which they will invest in buying materials to expand their business. These include flour, yarn, wool, sugar, and butter. The loan helps them buy in larger quantities and receive lower prices.


The community bank emphasizes the importance of saving, and each associate has an interest earning savings account. Aydee is saving to take her graduation exam. Domenica and Santa are saving to buy land and build a house.
Their respective dreams are to become a lawyer and professional, own a home, and to be able to run their business from their home.

In this group: Aydee Ambrosia, Domenica, Santa Catalina



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