A loan helped a member to purchase alpaca wool in bulk.

Nueva Esperanza *** Group's story

The Entrepreneurship Bank Nueva Esperanza *** is composed of eight members of whom six are women and two are men. They are engaged in various activities.

The bank's president is Rita, who is 41 years old and has three children who are in school age. She is dedicated to knit sweaters and blankets and skirts for women made of alpaca wool. She lives in the area of 16 de Julio.

This loan is her first sequence in the institution. Rita will use this loan to buy alpaca wool in bulk to knit her sweaters and blankets since she is selling a lot in these dates.

In this group: Jorge Luis, Wilma, Rita, Mary Elizabet, Rosario Marlene, Eliana Jhoselyn, Jose Luis, Digna Karen

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Translated from Spanish by Kiva volunteer Elisabet Falgueras.

Loan details

Lenders and lending teams

Loan details