A loan of $575 helped to buy fabric, wool, and embroidery.

Angelica Elena's story

Angelica is a member of Aymaras Juli II Communal Bank in the district of Juli, province of Chucuito and department of Puno. She is 52 years old and separated, and has seven children, six of whom are already independent.

Angelica works selling handicrafts, embroidery, ceramic necklaces, chains, bracelets, and all types of clothing. She has worked with the Manuela Ramos movement for more than three years. Her first loan was for the sum of 500 PEN, money she invested in her business.

With this new loan of 1500 PEN she will buy fabric, wool, and embroidery. She tells us that she sells her products in Bolivia, Cusco, and Arequipa.

Angelica wants to have more capital for her business and so improve her earnings.

What she likes about her communal bank are the personal loan and her savings.

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Translated from Spanish by Kiva volunteer Catharine Wall

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