A loan of $3,975 helped a member nueva Generacion Communal Bank needs 11,900 soles for 14 members to invest in their businesses.

Nueva Generación Group's story

The Nueva Generacion communal bank is located in the community of Yauli, Huancavelica province. This community is in a beautiful rural area, land of wild boars and willcas (indigenous culture), of potato growers and of choppca women wearing their multicolor traditional dresses. The community's main economic activities are agriculture, cattle raising, and traD..

MatilD. M. is married, has 5 children and sells chupetes (a kind of popsicles). MatilD. has a small grocery store. She used to proviD. transportation from Yauli to Huancavelica, but an accident stopped that activity. Her store sales have improved with the loans she has received. Now she would like to purchase merchandise to restock the store and raw ingredients to make chupetes. Her dream is to have a large store.

Isabela R., is a common-law wife, has a 6-year-old son. Her business is the sale of salchipapas (a fast food dish, maD. of french fries and sausages). She began her business since she was very young. As the business grew, she was able to buy a blender to sell juice. With the loan that she is requesting she will buy potatoes for making salchipapas. Isabel dreams of having a house maD. out of noble materials and later on a larger warehouse.

In this group: Isabela, Santosa, Cecilia, Juana, Tomasa, Victoria, Matilde, Isabel, Veronica, Silvia Elizabeth, Francisca, Martha Ruth, Beatriz, Liliana

Translated from Spanish by Kiva volunteer Maria Barraza

Loan details

Lenders and lending teams

Loan details