Funded

Total loan: $550
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Rufina's Group

Peru
Ayacucho, Peru / Animal Sales

A loan of $550 helped a member rufina and Cirila need loans of 600 and 1000 soles, which they will invest in buying cattle and coca leaves.


Rufina's Group's story

Rufina and Cirila have been members of the community bank “Dignidad” for four and five years respectively. In the community bank they have learned how to invest their money, how to manage their business, to be responsible, respectful, and generous. They mentioned how much they like having a savings account, and how much help the loans are for their businesses.

Rufina is 47 years old. She is married and has four children. Together with her husband Rufina buys cattle in the town of Luyanta, raises them, and then sells them at the Sunday market in San Juan Bautista. In addition, Rufina buys pigs and butchers them for restaurants.

Cirila is 45 years old. She is married and has five children. Cirila sells coca leaves. This is a medicinal herb that has many uses. She buys the leaves in Ayacucho and travels several hours to sell it in the region of Huancavelica. Sometimes she buys cheeses in Huancavelica and later sells them in her neighborhood.

Rufina and Cirila need loans of 600 and 1000 soles, which they will invest in buying cattle and coca leaves. They plan to use their savings to buy a motorcycle taxi, build a house, and pay their children’s school fees. Rufina and Cirila dream of owning a home with all of the modern conveniences, that their children will be professionals, and that their businesses will continue to prosper.

In this group: Rufina, Cirila
*not pictured



Loan details

Loan length:

7 months
Disbursed date: February 9, 2008

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: February 9, 2008