A loan of $975 helped to purchase chickens in large quantities.

Raquel's story

Raquel, a member of BC El Abiseo, lives in the San Martin region, Mariscal Cáceres province, district Juanjuí. She is 39 years old, separated from her husband, and lives with her five children who still depend on her and are the reason for her constant struggle because she is their caretaker.

She sells chickens and gutted chickens in the central market of the city. Her customers are the women who sell food and restaurants in the neighborhood. She has three years experience working in the community bank, and this has enabled her to grow her business.

With this loan of S /. 3000, which will be paid in 6 months, she will buy chickens in large quantities to later slaughter and sell them on the market and distribute to her customers who ask for them on a daily basis.

Raquel declares that Manuela Ramos is a support for her and her family, as well as for other working women. She works hard every day because she wants to start another business selling clothes and shoes, and she especially wants to see her children as professionals.

The loan disbursement was on 20/10/08
The interest rate on the loans is 3.5%
The amount of the monthly fee is S /. 605.00

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Translated from Spanish by Kiva volunteer Carolyn Ting

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Loan details