A loan of $425 helped a member to buy seeds, fabric, soft drinks, beer, rice, and sugar.

Tania's Group's story

Clara, Tania, and Ruth are from the community of Rumichaca, located 15 minutes outsiD. of the city of Ayacucho. They have been members of the community bank Rumichaca for six months.

Clara is 63 years old. She is married and has four children, two of whom live with her. Clara grows parsley, cilantro, and other agricultural products that she sells in Ayacucho.

Tania is 21 years old. Tania is a tailor; she makes dress clothing and costumes ordered by established clients. Tania operates her business from her home and also works at a costume shop, where she does embroidery and finishing work.

Ruth is 23 years old. She lives with her partner and 1 year old son. For the past year, Ruth has been running a store where she sells food staples such as rice, flour, and sugar. She buys products in the city of Ayacucho and then sells them in her town.

Clara, Tania, and Ruth need $425, which they will use to buy seeds, fabric, soft drinks, beer, rice, and sugar.

One key aspect of the community bank is the interest earning savings account each associate has. Clara, Tania, and Ruth plan to use their savings to educate their children, open a women’s clothing shop, and in the case of an emergency. Their dreams are to own a tailor shop with industrial sewing machines, own a home, and that their children will be professionals.

In this group: Tania, Clara, Ruth

Loan details

Lenders and lending teams

Loan details