A loan of $425 helped a member emilia, Lea, and Elizabeth need loans of 300, 600, and 300 soles (3 soles = $1) to buy rice, sugar, pasta, oil, lentils, peas, and meat.


Emilia's Group's story

Emilia, Lea, and Elizabeth are members of the “Virgen del Rosario” community bank. They have belonged to the bank for 10 years, 2 years, and eight months, respectively. In that time, they have learned not to depend on their husbands, to help each other, and to save.

Emilia is 48 years old. She is married and has two sons. Emilia sells set breakfasts in the morning and roasted chicken in the afternoon. She also takes borders into her home. In addition, Emily sells cosmetics from a catalogue.

Lea is 32 years old. She is married and has three children. Lea sells groceries, such as rice, flour, and sugar, from a stand in the central market of the small town of Huanta. She has had her stand for the past three years. In addition, Lea sells candies in the high school cafeteria during the school season.

Elizabeth is 27 years old. She is married and has two children. Elizabeth raises animals, such as sheep. In addition, Elizabeth has a job as a housekeeper.

Emilia, Lea, and Elizabeth need loans of 300, 600, and 300 soles (3 soles = $1), which they will use to invest in rice, sugar, pasta, oil, lentils, peas, and meat.

One of the most important aspects of the community bank is the interest-earning savings account that each associate has. Emilia, Lea, and Elizabeth plan to use their savings to buy land, build a home, and to pay for their children’s education. Their dreams are that they will have successful businesses and that their children will be happy and, eventually, be professionals.

In this group: Emilia, Elizabeth, Lea
*not pictured



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