A loan of $575 helped to buy tara and cochineal, and also to maintain her vehicles.

Juana Modesta's story

Juana is a member of the communal bank "Orcasitas II." She is 47 years old, married, and has 5 children. She has been a member of FINCA Peru for 15 years, and she has a business buying and selling cochineal and tara (a tannin which comes from a native plant). Over the time she has been a member of FINCA Peru, she has learned to save and how to invest appropriately in her business. She is grateful to the institution, because through attending the meetings she has gotten to know many friends with whom she shares both work and personal experiences. She really likes the training that she receives in her communal bank, because they teach her about topics that educate her, and which she can later put into practice. She is very happy because she has already managed to buy 2 taxis that are now driven by her husband and her son, allowing them to generate their own income. She will invest this loan in the purchase of tara and cochineal, and she will also use part of the loan to maintain her vehicles.

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Translated from Spanish by Kiva volunteer Lisa Grobar

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