Funded

Total loan: $650
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Carmen Arcelia


A loan of $650 helped to buy flour, eggs, and shortening for making bread as well as rice, sugar, oil, and other grocery items to sell in her store.


Carmen Arcelia's story

The Communal Bank “San Esteban” meets every 15 days in the city of Charapoto. This city is known for its traditional culture and it is also located a few minutes away from two of the best beaches in the province, San Jacinto and San Clemente.

Sra. Carmen lives in this place. She is 37 years old, married, and has three children (ages 18, 15, and 10). Her oldest child is studying at the university and the two younger ones are in school. Her husband owns a bakery.

Doña Carmen is able to help her family move forward by working as a merchant. She has a store in her house where she sells all types of products such as rice, sugar, oil, detergents, legumes, vegetables, and fruits. In the same location, she and her husband have a bakery where they make bread of different flavors. They also prepare delicious cakes. Carmen and her husband begin working at 5:00 A.M. by baking the bread so that it will be ready when their customers arrive since they always purchase it to bring to their homes. This family business has been in existence for more than 18 years.

This loan will be used to buy more inventory for Carmen’s store such as rice, sugar, oil, and other grocery items, as well as flour, eggs, and shortening for making bread. Carmen has been with the Communal Bank for 13 years and enjoys the assistance she has received through the loans.

Her goals are to continue moving forward and to provide the best for her family.

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica


Loan details

Loan length:

6 months
Disbursed date: December 4, 2012
Facilitated by Field Partner: Fundación ESPOIR

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: December 4, 2012
Facilitated by Field Partner: Fundación ESPOIR