A loan of $1,800 helped a member to fund a variety of individual businesses.

Las Ardillitas Group's story

The women of the Las Ardillitas are requesting a loan of 5,600 Nuevo Soles to fund their various endeavours. The Ardillitas (or “Little Squirrels”) are a new bank: they are just completing their third loan cycle (each cycle comprising four months of payments) as a group. Because they are a new group, their loan amounts are small, varying between two and six hundred Nuevo Soles. They meet monthly in one bank member’s home near downtown Pucallpa, Peru – a bustling capital in the eastern jungle region of the country.

Most of the women in the group sell food for a living or operate a small corner store, or "bodeguitas", from their homes. The Ardillitas are requesting loans of individual amounts, but they collectively guarantee the repayment of the entire bulk loan. The bank members will be using the loan to fund a variety of individual businesses including: sales of fast food, bottled drinks, groceries, snacks, beauty products, artisanal crafts and bananas. Each woman will repay her portion of the bulk loan within the same four month term.

The bank members requesting a group loan are: Lucy Guinaraes Q., Margarita G. C., Adelina Y. S., Carmela Q. O., Juana A. B., Rogelia P. C., Reina D., Marcelina S. I., Antonia V. Y., Lastenia V. Y., Juana V. R., Jessica Liliana V. Q., Yurema Marice F. G., Adela Insalicio C., Elena V. S., and Priscila G. C..

The bank president is Lucy Guinaraes Q.; the bank treasurer is Juana A. B.; and, the bank secretary is Marcelina S. I..

In this group: Lucy, Margarita, Adelina, Carmela, Juana, Rogelia, Reina, Marcelina, Antonia, Lastenia, Juana, Jessica Liliana, Yurema Marise, Adela, Elena, Priscila

Loan details

Lenders and lending teams

Loan details