Funded

Total loan: $1,675
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Su Santidad Fuerza Y Exito Group

Peru
San Juan de Lurigancho, Peru / Home Products Sales

A loan of $1,675 helped a member buy beer and soft drinks to sell.


Su Santidad Fuerza Y Exito Group's story

Margarita is the president of the communal bank “His Holiness Strength and Success.” The members named the group by combining the motto “Strength and Success,” which represents the group’s goals, with the area’s name “His holiness Pope John Paul II.” Margarita lives with her partner and has 4 children, 3 of whom work independently. She runs a store from her home where she sells all kinds of products, from basic necessities to gifts and little things typical of a bazaar. Margarita began selling soft drinks 11 years ago, motivated by the need to cover her family’s basic expenses. Little by little, Margarita’s small business selling soft drinks grew to become her own store. She also sells beauty products by catalog and, adding up all this effort, she has been able to buy land in Ventanilla. Now she dreams of building her own home there and renting it out to generate more income, and later she would like to open another business. The current loan will be used to buy beer and soft drinks because the hot season has begun.

In this group: Rosmery Isabel, Veronica Beatriz, Lynn Eladio, Alex Moer, Margarita, Cristian Joel, Elizabeth Del Rocio
*not pictured

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Translated from Spanish by Kiva volunteer Molly Jones



Loan details

Loan length:

6 months
Disbursed date: October 5, 2011

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: October 5, 2011