Funded

Total loan: $2,425
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Huamanguina Group

Peru
Ayacucho, Peru / Retail

A loan of $2,425 helped a member to purchase dishes, pots, sugar, rice, milk, cosmetics, onions, carrots, sweaters, tops, and a variety of fruit.


Huamanguina Group's story

The Huamanguina Bank started its first cycle with 15 members, and many live in the same neighborhood.

The members run a variety of businesses such as food sales, cosmetics, snacks, beverages, spare parts, groceries, and brick-making.

They typically work as traveling saleswomen, selling door-to-door, at local markets, and also from their own homes.

The members need different loan amounts such as 300.00 Peruvian soles, 600 soles, etc., totaling 7,800.00 Peruvian soles worth of loans to the cooperative bank.

Their loan funds will be invested into the purchase of plates, pots, sugar, rice, milk, cosmetics, onion, carrots, sweaters, tops, and a variety of fruits.

The members’ dreams including seeing their children continue with their educations, expanding and improving their businesses, and owning their own homes.

In this group: Elizabeth , Ana Maria , Luisa , Yda Serafina, Vicenta , Dionicia , Marisol , Ketty , Marleni , Maximiliana Teresa , Gricelda Rosario , Yanett Yanina , Marcelina, Juana Anatolia , Lidia
*not pictured

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Loan details

Loan length:

12 months
Repayment schedule: Irregularly
Disbursed date: February 3, 2009

Lenders and lending teams



Loan details

Loan length:

12 months
Repayment schedule: Irregularly
Disbursed date: February 3, 2009