A loan of $625 helped a member hilaria, Martha, and Esther need loans of 450, 1000, and 300 soles (3 soles = $1), which they will use to buy a piece of land, a new line of vitamins, and a variety of clothing items.


Hilaria Ayda's Group's story

Hilaria, Martha, and Esther are members of the “Nueva Vida” community bank . Hilaria has been a member for two years, while Martha and Esther joined less than one year ago. In that time, they have learned the importance of saving, responsibility, and how to treat their children.

Hilaria is 35 years old. She is married and has four children. Hilaria has owned a grocery store for several years.

Martha is 39 years old. She is a single mother and has one three-year-old daughter. Martha is has a degree in electrical engineering, but is unable to find work in that field. Currently, she has a business selling natural health products.

Esther is twenty. She is currently preparing for entrance exams to the local university. There, she plans to study accounting. Esther helps her sister, who owns a clothing store, and will invest the money from the loan her sister’s business.

Hilaria, Martha, and Esther need loans of 450, 1000, and 300 soles respectively (3 soles = $1), which they will use to buy a piece of land, a new line of vitamins, and a variety of clothing items.

One of the most important aspects of the community bank is the interest-earning savings account that each associate has. Hilaria, Martha, and Esther plan to use their savings combines with their loan to buy land, buy a car, and to pay for school. Their dreams are to see their children become professionals, to start an electric engineering firm, and become a professional.

In this group: Hilaria Ayda, Esther, Martha Consuelo
*not pictured



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