A loan of $1,050 helped a member emilia, Aydee, and Maria each need loans of 1000 soles (3 soles = $1) which they will invest in buying oil, car parts, cookies, soft drinks, pork, lamb, sugar, rice, flour, vegetables, and fruits.


Emilia's Group's story

Emilia, Aydee, and Maria have been members of the “Chontaca” community bank for one year. They all live in the small town of Chantaca, which is located two hours outside of the city of Ayacucho. Emilia, Aydee, and Maria mentioned that, in the community bank, they have learned to be punctual, responsible, to avoid domestic violence, and to save.


Emilia is 26 years old. She lives with her partner and two children. Emilia sells candy in her husband’s mechanic shop. She also sells replacement car parts. She started this business one year ago with her first loan from the community bank.


Aydee is 23 years old. She lives with her partner and two children. Aydee buys and sells young animals. She buys them in various small daily markets and then sells them at the regional Sunday market.


Maria is 31 years old. She is a widow and has four children. Maria has a well stocked store where she sells food staples such as rice, sugar, and flour, as well as fruits and vegetables.


Emilia, Aydee, and Maria each need loans of 1000 soles (3 soles = $1) which they will invest in buying oil, car parts, cookies, soft drinks, pork, lamb, sugar, rice, flour, vegetables, and fruits.


One of the most important aspects of the community bank is the interest-earning savings account that each associate has. Emilia, Aydee, and Maria plan to use their savings to improve their businesses and to pay for their children’s education. Their dreams are to increase their businesses, build a house in the city of Ayacucho, and that their children will be professionals.

In this group: Emilia, Maria Valentina, Aydee



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