A loan of $975 helped a member romualda, and Esperanza need loans of 600, 1400, and 600 soles (3 soles = $1), which they will invest in buying primary materials such as threads, dies, corn, barley, wheat, cheese, and animals.


Romualda's Group's story

Fernandina, Romualda and Esperanza have been members of the community bank “Retoño” for 2, 7, and 4 years respectively. Fernandina is 41 years old. She is married and has three children. Fernandina is a textile artisan; she learned this skill from her family. She makes beautiful blankets and tapestries, which she sells from a stand in the artisan gallery of Ayacucho. Romualda is forty-eight. She is married and has six children. Romualda is also a textile artisan. Together with her family, Romualda makes blankets and table clothes that she sells to an intermediary. In addition, Romualda sells fruits from a cart on the streets of Ayacucho. On the other hand, Esperanza is 38 years old. She is a single mother and has one son. Esperanza travels to different markets in the region where she buys whole grains, cheeses, animals, and other products that she sells in the markets of Ayacucho. She has been doing this for many years. Fernandina, Romualda, and Esperanza need loans of 800, 1400, and 600 soles (3 soles = $1), which they will invest in buying primary materials such as threads, dies, corn, barley, wheat, cheese, and animals. In their community bank they have learned how to invest their money, to be punctual, and responsible. They also mentioned that they feel like all of the other women in the bank are their friends. The community bank emphasizes the importance of saving and each associate has an interest earning savings account. Fernandina, Romualda and Esperanza hope to use their savings to increase the capital of their businesses, build a home, and pay their children’s school fees. Their dreams are to eventually have more capital for their businesses, have more comforts and conveniences in their homes, and that their children will be professionals.

In this group: Romualda, Esperanza, Fernandina Feliciana
*not pictured



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Loan details