A loan of $3,150 helped a member to buy candy, beer, soda, sugar, and other products of basic necessity.

Andres Avelino Caceres Group's story

"Andres Avelino Caceres" is a village bank, which consists of twelve entrepreneurial women and men who live and work in Cusco. The members dedicate themselves to a variety of activities here in the southern Andean mountains of Peru. Some of them raise small animals such as chickens and guinea pigs. Others buy and sell artisanal goods, and one of the women has a business selling "chicha", a Peruvian fermented corn beverage.

One of the members, Alejandrina, is pictured wearing a pink sweater on the right side of the photo. She is 59 years old and a widow with seven children who are all fully grown and living independently. Alejandrina supports herself by selling candy in front of a school and running a small grocery store in her house. Alejandrina is requesting 1,000 Peru Nuevo Soles (PEN) from the group loan in order to purchase more candy and stock up her store with products such as beer, soda, sugar, and other products of basic necessity. She says that she looks forward to growing her business a little during this loan cycle, by increasing her merchandise and attracting more customers.

In this group: Rosa Maria*, Apolonia Alejandrina, Yemy, Julia, Nelida, Wilfredo, Francisca, Rebeca, Gabino, Rosamaria, Vilma*, Juan
*not pictured

Loan details

Lenders and lending teams

Loan details