A loan of $1,025 helped purchase of a cow and clothing.

Isabel's story

Isabel is married and has five girls, ages 23, 18, 17, 14 and 10. The oldest has a professional career and the second oldest is studying at the National University of Altiplano, in Puno. Isabel's third daughter is in high school, and her youngest is in graD. school. Isabel finished graD. school and lives in the the town of Acari, in the district and province of Yunguyo.

Isabel has been a member of the "Fe y Alegría" [Faith and Joy] Community Bank in the town of Acari, Yunguyo, since 2000. With her first loan of 300 soles [about US$100], she had enough capital to purchase additional merchandise (blue jeans). According to Isabel, she always has liked doing business. When she was nine years old, she sold bread and candies. By the age of 18 she was married, and, since then, has sold clothing (jeans and sweaters). She purchases these items in the city of Desaguadero and then sells them in the city of Tacna. She also makes money fattening cattle, which she buys at the Acora fair and sells in Yunguyo.

With this loan of 3,000 soles [US$1,025] -- which will be paid back in 3 installments -- Isabel has in her budget to buy one cow worth 2,000 soles, as well as 1,000 soles-worth of merchandise (clothing).

Isabel's goal is to buy a house in Lima. She also hopes her children obtain good jobs. In addition, she is thinking about buying a car (mini van) to take a trip with her family.

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Translated from Spanish by Kiva volunteer Todd Anderson

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