A loan of $575 helped mirella needs a loan of 1600 soles (3 soles = $1), which she will use to buy shoes, shirts, and pants.


Melisa Mirella's story

Mirella has been an associate of the community bank “Cocharacas” for one year. She joined after her mother, another associate, invited her. Mirella mentioned that she enjoys the training account values, and how to manage money.


Mirella is 20 years old. She is studying law at the university. Mirella is the oldest in her family, and when her parents separated she had to start working at a very young age. She worked 12 hours a day for less then US $200 per month.



Six months ago Mirella started a business. With the help of her mother and the little money she could scrape together, Mirella started selling women’s clothing. She travels to the city of Lima to buy products and then sells them to her friends and family.



Mirella needs a loan of 1600 soles (3 soles = $1), which she will use to buy shoes, shirts, and pants.



One of the most important aspects of the community bank is the interest-earning savings account each associate has. Marella plans to use her savings to pay for school, and to build a home. Her dream Is to continue moving forward, help her siblings, have a united family, own a home, and be a professional.



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