A loan of $3,825 helped a member to purchase rice, sugar, school uniforms, wheat, barley, vegetables, fruit.

Milagros Group's story

The Milagros (“Miracles”) Bank starts its third cycle with 19 members.

The members have different types of businesses, such as selling groceries, vegetables, cereals, clothing, cosmetics, food, fish and animals.

This is the case for Marcelina who is married, 42 years old and has 3 children. She has a store in her home where she sells groceries such as fruits and vegetables every day.

Meantime, Melania is separated, 48 years old and has two children. She sells clothing, her sales are on credit, and she realizes them door-to-door and in the markets.

The members need different loan amounts such as 300 Peruvian soles, 450 soles, 600 soles and 900 soles, for a loan total of 12,450 soles in the cooperative bank.

Their loans will be invested into the purchase of rice, sugar, school uniforms, animals, wheat, barley, vegetables and fruits.

The members’ dreams are to help their businesses get ahead, to have their own working capital, and for their children to complete their educations and prosper.

In this group: Melchora, Heraclia, Esther Eunice, Marcelina, Esther, Melania, Brith Karen, Julia, Constantina, Luz Mery, Noemi, Sandra, Faustina, Juana Felicitas, Maria Consuelo, Trilce, Maria, Leny, Gracilda

Translated from Spanish

Loan details

Lenders and lending teams

Loan details