A loan of $525 helped to buy flour, butter and repair the oven.

Soledad's story

Soledad is a member of the communal bank "Bellavista" which is located in the district of Puno, in the province and department of Puno. She is 19 years old, single and has no children. She has a college education.

The young lady makes bread. She has worked with the Movimiento Manuela Ramos for the last year. Her first loan was for S/.500.00 nuevos soles (PEN), money she invested in this business.

With this new loan of S/.1,400.00 nuevos soles (PEN), she will buy flour, butter and also use part of the loan to repair her oven as the feast of All Saints is fast approaching and she will have more orders.
Her mother helps her with the business and she also has master bakers working for her.

The young lady wants her own well-established bakery and to be professional.

What she likes about the communal bank is the togetherness, the responsibility and timeliness of the members.

Translated from Spanish by Kiva volunteer Maria Blyth

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Loan details