Funded

Total loan: $6,525
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Emprendiendo Hacia El Éxito Group

Peru
Vitarte, Peru / Retail

A loan of $6,525 helped a member to buy more supplies for her juice business.


Emprendiendo Hacia El Éxito Group's story

The communal bank "Emprendiedno Hacia el Exito" is made up of eleven responsible members who are involved in various businesses. They all live in the district of Vitarte.

One of the members is Elida, who is a 27-year-old single mother of three children. For the past year she has had a business selling juice in a small market. She works every day with the aim of getting ahead and being able to pay tuition for her children and cover the household expenses. Her greatest dream is for her children to become professionals; it is for this reason that she works hard.

She will invest the loan proceeds in supplies for her juice business, such as fruit, plates, utensils and glasses, which will lead to increased income.

In the photo she is standing second from the left, and she is holding her baby, who has a plastic bottle. She wishes to thank Kiva and says that she will make her all of her loan repayments on time.

In this group: Hermila , Janeth, Serafina Filomena, Celia, Eufemia Lucia , Mercedes Sabina, Margarita, Susan Nieves, Zenaidachinchay Medrano, Elida Arroyo Chinchay , Maria Elenanavarro Nolasco
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Kevin Bohnert



Loan details

Loan length:

8 months
Disbursed date: June 7, 2013

Lenders and lending teams




Loan details

Loan length:

8 months
Disbursed date: June 7, 2013