Funded

Total loan: $6,050
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Virgen De Las Mercedes Group

Peru
Lima Norte, Peru / Tailoring

A loan of $6,050 helped a member to buy fabrics.


Virgen De Las Mercedes Group's story

Jesusa is 33 years old. She is in a common-law marriage, and she belongs to the "Virgen de las Mercedes" communal bank, a group with 8 members. The group is characterized by the hard work and dedication the members put into their businesses, with one single goal: getting ahead for the good of their families. Jesusa has two children who are still minors, so that she divides her time between caring for them and working in her new business providing tailoring services. She has been in this business for more than six months. She started it with her sister because they did not have sufficient income to maintain their household. Apart from this, she works for a company providing cleaning services. With this work, she has been able to help her common-law husband cover the expenses and make payments such as the school fees for their children, the rent on their home, and other expenses of their household. In the future, she would like to have her own company providing high fashion tailoring, and thus she would have much more stable work with fewer working hours, so that she can spend more time with her children. With the recent loan, she is planning to invest in buying a variety of fabrics for her designs.

In this group: Jesusa, Maria Luisa, Juana Felicita, Rosario , Rolando Raul, Otilia, Sonia Liliana, Haydee
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Patricia Linderman



Loan details

Loan length:

6 months
Disbursed date: April 24, 2012

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: April 24, 2012