A loan of $750 helped purchase two heads of cattle to fatten.

Teresa's story

Teresa is 28 years old and studied high technology in school. She's married and a mother of two boys, ages 5 and 3. She lives on Tacna Avenue in the town of Mazocruz. In 2002, she decided to join the Generation 2000 Community Bank, and with her initial loan she purchased outfits for infants, jackets, and wool pants. Teresa was orphaned at age 12, and the next year she started selling gelatins. When she turned 21, she started a family and began selling clothes, making sweaters and cloths for TVs. She purchased her supplies in the city of Juliaca and sold them in the city of Puno. Two years ago she changed her business, and currently tends to her restaurant. With the loan, which she plans to repay in four months, she will purchase two heads of cattle to fatten. Her goal is to purchase a home in Puno and to set up a snack bar so she can provide for her sons' education.

Translated from Spanish by Kiva volunteer Marty Greenstein

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Loan details