A loan of $2,100 helped a member 11 communal bank members will invest in their businesses in the community of La Mejorada.

Tayta Espiritu Group's story

The Tayta Espíritu Communal Bank is located in the community of La Mejorada, district of Mariscal Cáceres in Huancavelica.

Elsa C. has a business selling vegetables. She started 10 years ago with her husband and it was very difficult because they had little capital. As her children were growing up the expenses were very big. Elsa will use her loan to grow her business.

Edeliza Q. works selling clothing in the markets of Yauli, Ascoria and Izcuchaca. Her husband works on a farm and that's how they support their home and seven children. They started with little capital because the banks required a lot from them and it was difficult to obtain a loan. With the support of FINCA to buy merchandise, they now wish to invest because Christmastime is coming and business is good that time of year.

Ana Antonia has a store. Before she sold coca leaves and soft drinks. She needs a loan to increase the size of her business to help fund her children's education.

In this group: Elsa, Gina, Edeliza, Aydee Maribel, Margarita, Nancy, Maria Dolores, Virginia, Domitila, Ana Antonia, Humberto

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Translated from Spanish by Kiva volunteer Hugh Yarbrough

Loan details

Lenders and lending teams

Loan details