A loan of $3,175 helped a member different associates need different loans, most are for 300, 600, 900 soles (3 soles = $1) making a total of 9,300 soles. They will invest their loans in buying fabric, buttons, beer, rice, oil, a variety of clothing, wood, and fruit.


Diamantes Group's story

The community bank “Diamantes” was formed six months ago. Now there are 16 associates and they have completed one loan cycle together. In the community bank they have learned important business skills such as punctuality, responsibility and saving. In addition, they have learned about self-esteem, and how to avoid getting sick. One associate mentioned that the training she received on how to treat her children had been particularly helpful.

The loans that they have been able to take out from the community bank have helped each associate develop their business. The associates have a variety of businesses. People sell products and services including groceries, cosmetics, animals, food, carpentry services, clothing, fruits, and taxi driving.

Each associate has a story they can tell. For example, Yovana raises and slaughters cattle. With her loan from the community bank she has been able to purchase more young cattle and later receive more profits. Another example is Felicitas, who sells clothing at various markets in the region. When she started she was only able to sell a few items, but with an increase in capital she is able to offer a much larger selection.

Different associates need different loans, most are for 300, 600, 900 soles (3 soles = $1) making a total of 9,300 soles. They will invest their loans in buying fabric, buttons, beer, rice, oil, a variety of clothing, wood, and fruit. The community bank emphasizes the importance of saving and each member has an interest earning savings account. The members of “Diamantes” plan to use their savings to improve their houses and pay for their children’s education. Their dreams are to own a tailor shop, that their children will be professionals, and that they can open a business in their homes.

In this group: Lina Mercedes, Renee, Virginia, Julia, Herlinda, Ingrid, Gloria Yldominia, Percy Rolando, Wilber, Giovanna, Juan, Dolores, Felicitas Susana, Karina, Elizabeth, Carmen Rosa
*not pictured



Loan details


Lenders and lending teams



Loan details