A loan of $575 helped eleodora needs a loan of 1600 soles (3 soles = $1), which she will use to buy fabric, thread, zippers, and buttons.


Eleodora's story

Eleodora has been a member of the community bank “Cocharacas” for four months. Through the community bank she has learned to be responsible, have a healthy relationship with her husband, how to educate her children, and to save.

Eleodora is married and has seven children, four of whom live with her. Eleodora makes typical clothing, which is mainly used for festivals and parades. She makes sashes, blouses, and skirts, which she learned to do from her mother-in-law. Eleodora sells her products at various markets around Ayacucho.

Eleodora needs a loan of 1600 soles (3 soles = $1), which she will use to buy fabric, thread, zippers, and buttons.

One of the most important aspects of the community bank is the interest-earning savings account each associate has. Eleodora plans to use her savings to educate her children and to construct her home. Her dream is to own a home, that her children will be professionals, and that she will have a secure job.



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