Funded

Total loan: $1,025
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Marcelina

Peru
Ayacucho, Peru / Cattle

A loan of $1,025 helped marcelina needs a loan of 3000 soles (3 soles = $1), which she will use to buy cattle.


Marcelina's story

Marcelina lives in the district of Santiago D. Pischa, which is one hour outsiD. of the city of Ayacucho. Marcelina is 67 years old. She is a widow and has eight children, five of whom still depend on her.

Marcelina is a member of the community bank “Inti”, which means "sun" in Quechua, where she learned to be punctual, responsible, and to save. With her savings she was able to buy a second car. Marcelina raises animals such as cows, pigs, and chickens. She sells them either directly from her farm or at different markets around the region. In addition, Marcelina has two cars that her children use to transport people between small towns in the area. Marcelina needs a loan of 3000 soles (3 soles = $1), which she will use to buy cattle.

An important aspect of the community bank is the interest earning savings account that each associate has. Marcelina plans to use her savings to pay for her children’s education. Her dream is to build a house for her children, buy a motorcycle taxi that one of her children can drive, and see her children become professionals.



Loan details

Loan length:

7 months
Disbursed date: February 14, 2008

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: February 14, 2008