A loan of $4,100 helped a member to invest in their businesses, such as buying plates, silverware, meat, carrots, tomatoes and fish.

Ternura Group's story

The community bank “Ternura” is new, and associates are starting their first loan cycle. The bank currently has 20 associates, and they joined the bank in order to have access to capital. At the community bank there are fewer requirements, fewer papers, and you can get your loan faster. In addition the community bank provides support and training on relevant subjects.

Associates of “Ternura” have a variety of different businesses. Some own restaurants, some sell vegetables, ice cream, or hamburgers. They all said that they are excited to be part of the community bank and happy with how the process has gone so far.

One client in particular is excited, Julia T. P., as she was elected the president of the community bank for the first loan cycle. Julia owns a restaurant. She has owned the restaurant for several years but now she will be able to expand. With her first loan she plans to buy more tables and chairs to serve more clients.

All of the associates will use their loans to invest in their businesses. They will buy things such as plates, silverware, meat, carrots, tomatoes and fish. Because each business is different people need different loan amounts. Loans range from 300 to 900 soles per person (3 soles = $1), reaching a total of 11,850 soles.

Their dreams are to buy land and own a home, as many currently rent their homes which is more expensive. In addition, they hope to continue developing their businesses and help their children become professionals.

In this group: Glisse Elena, Carmen, Basilisa, Donatilda, Julia, Bethzabe Tania, Maximiliana, Julissa, Nilo Hugo, Sabina Zoraida, Manuela Vilda, Epifania, Miluska Lulia, Zoya Leishin, Haydee Vicky, Katiuska Rocio, Sandra, Aurelia, Victoria, Luisa

Loan details

Lenders and lending teams

Loan details