A loan of $575 helped to purchase tires and to invest in the maintenance repairs of her car.


Yakelin's story

Yakelin is a member of the communal bank "Bellavista". It is located in the district of Puno, province and department of Puno. She is 27 years old and she is married common-law. She has one son. She has a post-secondary education.

She sells fast foods in the central market in Puno. Her husband contributes to their finances by providing taxi services. She has been working with the Manuela Ramos (Kiva Field Partner) movement for the past three years. Her previous loan was in the amount of S/.300 nuevos soles. The funds were used to purchase a fast-food card (salchipapas - a traditional dish consisting of french fries and sausages).

With this new loan, amounting to S/. 1,500 nuevos soles, she will purchase tires and she will invest in the maintenance repairs of her husband’s car. This will enable him to continue providing taxi services and it will permit him to continue to earn a daily income.

She wants to have another car and she wants to have a restaurant from where to sell more products. What she enjoys about the communal bank is the easy loan process.

Translated from Spanish by Kiva volunteer


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Loan details