Funded

Total loan: $2,000
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Fraternidad Group

Peru
Ayacucho, Peru / Grocery Store

A loan of $2,000 helped a member to buy seeds, potatoe, materials, aprons, skirts, rice, sugar, noodles and fruit/la compra de semilla, papa, telas, mandiles, faldas, arroz, azúcar, fideo, frutas.


Fraternidad Group's story

The Bank 'Fraternidad' ('Brotherhood') is starting its second cycle with 14 members.

The members have different businesses like selling groceries in general, food, fruit, cereals, clothes, selling animals and in agriculture.

In Dolores's case she lives with her partner, is 30 years old and has 2 kids. Dolores dedicates herself to cultivating cress and carob beans which she later sells in the basic supply market in the city of Ayacucho. Moreover, Dolores has a small workshop making clothes.

In the case of Juliana, she is married and is 40 years old with 5 kids. Juliana sells clothes in the different markets of the region, and in the markets she buys animals and cereals which she sells in the markets in the city of Ayacucho.

The members need different loan amounts like 300 soles, 600 soles, 1050 soles, making a total of 6,450 soles in loans for the Community Bank.

Their loans will be invested in buying seeds, potatoes, material, aprons, skirts, rice, sugar, noodles and fruit.

The members' dreams are to educate their kids, improve their homes, have guinea pig farms and to increase their lands' production.

In this group: Haydee , Rita , Delia Mercedes , Alejandra , Rosa , Rosa Carmen , Juliana , Haydee , Dolores , Fausta Gregoria , Modesta , Maria , Macrina , Maria
*not pictured

Translated from Spanish by Kiva volunteer Liz Harvey



Loan details

Loan length:

7 months
Disbursed date: February 2, 2009

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: February 2, 2009