A loan of $2,100 helped a member buy sugar, rice, milk, pasta, various fruits, wool, and dyes.


Los Olivos Group's story

The Los Olivos (“The Olive Trees”) Village Bank has 13 members, all women, and is beginning its second loan cycle. The group is named after the Los Olivos neighborhood, where all of its members live. Meetings are held at the home of one of the group members. The women are involved in a variety of different businesses. Some sell dry goods, cheese or cosmetics from a catalogue, while others work as cosmetologists, make and sell textiles, or prepare meals and juices to sell.



Some sell from door to door or on foot, while others sell in the city’s markets. The group members are requesting different loan amounts: 300 soles (US$ 100), 450 soles (US$ 150), 600 (US$ 200) or 900 (US$ 300) soles. Los Olivos is requesting a total of 6,450 soles in loans.



The loans will be invested to buy sugar, rice, milk, pasta, various fruits, wool, and dyes. Some of the group members’ dreams are to own their own homes, to improve their homes, to expand their businesses, and to proviD. their children with a good education.



Translated from Spanish by Cynthia McMurry, Kiva fellow



El Banco Comunal Los Olivos inicia su segundo ciclo con 13 socias. Todas las socias son del barrio D. Los Olivos, nombre que lleva el Banco Comunal, las reuniones se realizan en el domicilio D. alguna socia.



Las socias realizan diferentes negocios, como L. venta D. abarrotes en general, quesos, cosméticos por catálogos, brindan servicios D. cosmetología, elaboran textiles y preparación D. jugos y comidas. Sus ventas los realizan D. manera ambulatoria, D. casa en casa y en los mercados D. L. ciudad.



Las socias necesitan diferentes montos D. préstamos, algunos montos son D. 300 soles, 450 soles, 600 soles y 900 soles, haciendo un total D. 6,450 soles D. préstamos en el Banco Comunal.



Los préstamos lo invertirán en L. compra D. azúcar, arroz, fideo, leche, quesos, frutas variadas, lanas, tintes.
Los sueños D. las socias es tener casa propia, mejorar su casa, ampliar su negocio y brindar una buena educación a sus hijos.

In this group: Estela, Odilia, Miriam, Adela, Llesy Lis, Cluina Venita, Clara Virginia, Nelly, Margarita, Jacinta*, Hilda , Aurora, Julia
*not pictured



Loan details


Lenders and lending teams



Loan details