Funded

Total loan: $1,025
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Maria Angelica's Group

Peru
Ayacucho, Peru / Crafts

A loan of $1,025 helped a member anjanne, Maria, and Blanca need loans of 1400, 600, and 1000 soles (3 soles = $1) in order to buy fertilizer, seeds, replacement parts for a car, and to pay for one of their children to go to the university.


Maria Angelica's Group's story

Anjanne, Maria, and Blanca have been part of the community bank Alianza for 4, 7, and 1 years respectively.

Anjanne is 40 years old and lives with her partner and two children. Anjanne sells a type of alcohol made from sugar cane in the northern coastal region of Peru. She sells her products from a rented stand in the local market of Ayacucho.

Maria is 36 years old and lives with her partner and two children. Maria owns a stand in one of the artisan markets of Ayacucho. She sells a variety of products typical of the region. In addition, she knits some products by hand and sells them from her stand.

Meanwhile, Blanca is 39 years old, married and has four children. Blanca grows vegetables in the Campañia valley. She sells her vegetables at the Nery Garcia market in the city of Ayacucho. Anjanne, Maria, and Blanca need loans of 1400, 600, and 1000 soles (3 soles = $1), which they will use to buy fertilizer, seeds, replacement parts for a car, and to pay for one of their children to go to the university.

In the community bank they have learned how to save, be punctual, and be responsible. In addition, they have learned how to work in solidarity with the other associates. One of the most important aspects of the community bank is the interest earning savings account that each associate has. Anjanne, Maria, and Blanca plan to use their savings to increase the capital available for their businesses and pay for their children’s education. Their goals are to have bigger businesses, buy a house, and enable their children to continue studying.

In this group: Maria Angelica, Blanca Gloria, Annjane
*not pictured



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