Funded

Total loan: $2,700
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Corazon Group

Peru
Ayacucho, Peru / General Store

A loan of $2,700 helped a member for rice, sugar, oil, pasta, wheat, barley, sweaters, blouses, green vegetables, potatoes.


Corazon Group's story

The Heart Bank is beginning its second cycle with 17 associates.

The associates carry out various businesses such as selling clothing, grains, root vegetables, green vegetables, general foodstuffs, hardware, plastic goods and also farming.

Like the case of Gerarda, who is married, is 47 years old and has four children. She has a stall in the Carmen Alto market where she sells potatoes every day. Moreover, she farms potatoes in her lands in Casaorco. Gerarda needs a loan of 300 soles, which will be invested in the purchase of potatoes.

Whereas Gregoria is married, is 49 years old and has six children. She travels to the different markets of the region where she sells foodstuffs and buys grains. FurthermO., Gregoria and her husband sell natural products. Gregoria needs a loan of 600 soles, which will be invested in the purchase of natural products and rice.

The associates need different loan amounts, such as 300, 600 and 900 soles, making a total loan of 8,500 soles in the Communal Bank.

Their loans will be invested in rice, sugar, oil, pasta, wheat, barley, sweaters, blouses, green vegetables, potatoes.

The dreams of the associates are to improve their businesses, that their children be professionals and to offer their children a good education.

In this group: Rosalina , Luz Francisca , Gregoria , Diana , Gerarda Maxima , Liduvina , Maura , Mauricia , Rosa , Sonia , Rosa , Lara Elena , Maribel , Delia , Diana , Olinda , Liliana
*not pictured

Translated from Spanish by Kiva volunteer Heidi Petersen



Loan details

Loan length:

8 months
Disbursed date: January 26, 2009

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: January 26, 2009