A loan of $500 helped purchase of wood, paint, nails, etc.

Elizabeth's story

Elizabeth belongs to the "La Positiva" community bank, located at Jr. Huancavelica Nº 457, Callería district, Coronel Portillo province, in the Ucayali department. She is a 59 year old mother of 6 grown children. She is married to her husband who works for the city of Coronel Portillo. With the first loan of 300 soles which she received from Manuela Ramos she decided to invest in food sales. She has been working with the community bank for 5 years. Currently she has a business renting rooms, giving lodging to all who require it. This business gives her plenty of profit to pay her loan on time. With this 1,500 sol loan, which she will repay in 5 month, she will purchase 100 soles of wood, 6 cans of paint, nails, and everything needed for the infrastructure of the rooms. Thanks to Manuela Ramos, her business has grown. She thanks God for all of the good things that have happened to her in her life.

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Translated from Spanish by Kiva volunteer James Comstock

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