A loan of $3,225 helped a member to purchase rice, sugar, oil, vermicelli noodles, wheat, barley, wool, cookies, candy, fruit, and vegetables.


Crecer Group's story

The bank Crecer (“To Grow”) began a second circle with 18 members.

The members have different businesses, like the sale of general groceries, crafts, cereal grains, sweets, wool, fruit, vegetables, and food.

This is the case for Vidalina, who is in a common law marriage. She is 33 years old and has two children. Vidalina sells groceries for profit in different stores. She gets her products in the city of Lima. Vidalina has a stO. in Lima, a business that is run by her husband. Vidalina needs a loan of 900 soles that she would invest in the purchase of rice. On the other siD., Ursula is a widow. She is 69 years old and has 8 children. Ursula makes pretty crafts in textiles like table runners. She does this work with the help of one of her children, who does sales in the market. Also, Ursula has a small stO. in her home. Ursula needs a loan of 1050 soles that she would invest in the purchase of sugar, rice, and oil.

While Martina is single, she is 39 years old and she lives with her parents. Martina travels to different markets of the region where she buys cereal grains and cheese. Also, Martina works as an assistant for a dental consultant. The members need different amounts of loans like 300 soles, 600 soles, 900 soles, 1050 soles to make a total of 10,200 soles in loans from the community bank.

Their loans would be invested in rice, sugar, oil, vermicelli noodles, wheat, barley, wool, cookies, candy, fruit, and vegetables.

The dreams of the members are to have a car, for their children to improve their lives, to proviD. a good education for their children, to build a home and to have a stable business.

In this group: Vidalina , Maria , Marleny Isabel , Ursula , Vethza , Martina , Isabel Ruth , Cleofenia , Lucila , Rosa , Julia , Feliciana , Raquel , Maribel , Maribel , Diana Beatriz , Yuly Yobana , Justina
*not pictured

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Translated from Spanish by Kiva volunteer Jessica Kaminsky



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