A loan of $1,250 helped a member purchase merchandise for various businesses.

Felipa's Group's story

The communal bank Semillas D. Accopuquio belongs to the Castilla Pata community located in the Yauli district in Huancavelica. The community is located in an area where women knit scarves, hats, etc.

Felipa A. is married. She used to suffer a lot because she did not have any money to count on. She used to only sell two to three pairs of stockings but after receiving loans she has been able to invest in her business and her sales have increased. She has also been able to take her merchandise to Lima to sell. This year she had to face the loss of her daughter who died in an accident. However, she wants to succeed and she takes advantage of the meetings at the communal bank to learn to be responsible.

Gloria Núñez is married and has two children. She has a store which previously was not well stocked. Thanks to the loans she receives, it is now well stocked. Previously, her husband did not allow her to make her sales or to travel to Lima to bring her merchandise. However, she now speaks to him frequently and helps him understand that this is her business.

Veronica Q. is married and has five children. She sells cheeses, eggs, grains and crafts like hats and gloves. Only some of her children are in school and the others are not because there is not enough money. After last year's earthquake one of the walls of her home collapsed. She lost everything but the people in her community assited her. She is now more responsible with her money and she uses the loans she receives to purchase containers for the cheese and materials to knit her gloves and hats.

In this group: Felipa, Josefina, Veronica, Esperanza, Gloriana, Eugenia, Guillerma, Donatilda, Felipa, Margarita, Luisa, Aniceta

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Translated from Spanish by Kiva volunteer Cindy Manzo

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