A loan of $350 helped purchase of one head of improved cattle.

Angela's story

Angela is 57 years old. She finished second graD., is married and the mother of eight grown children. She lives in the town of Centro Poblado D. Acari, in Yunguyo, Peru. Since 2004, she has been a member of Las Triunfadoras community bank in Acari. With her first loan of approximately $100 (300 nuevos soles), she purchased two sacks of sugar, two sacks of rice and a bag of noodles, because at that time she dealt in grocery staples, an endeavor to which she dedicated her time for a few years. Angela has lived with her husband since she was 17, and from that time to the present has engaged in the rearing of cattle and sheep. When she was 30, she began to sell clothing—pants, llicllas (hand-woven Peruvian ponchos), and sweaters—purchased wholesale in the city of Desaguadero and sold retail in the city of Juliaca. She quit that business to care for her children while they were young.

With this $350 (1000 nuevos soles) loan to be repaid in three installments, Angela will have the increased working capital to put towards the $1050 purchase (3000 nuevos soles) of one head of improved cattle for fattening and subsequent sale. In order to help her children with their businesses, Angela’s dream is to return to selling grocery staples, both wholesale and retail, in Yunguyo.

Translated from Spanish by Kiva volunteer Joyce .

Loan details

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Loan details