My first ever Kiva loan was repaid in full, and as a result i'm now able to re-lend those funds someone else and therefore create my 6th Kiva Loan.
I've Currently got loans in:
Dominican Republic
Nigeria
Nicaragua
Cambodia
Uganda ---Paid in full
Peru!-- My new loan
The Community Bank "Ccejelambras" is made up of members that live in the community of Ccejelambres which is in the district of Tambillo, located two hours from the city of Ayacucho. The community is mainly agricultural, producing mostly potatoes and in a lesser capacity livestock.
The members carry out different types of businesses such as the sale of foods, convenience stores, agriculture and raising livestock. As with the case of Victoria Quispe, a widow and mother of 6 grown children, she sells foods in downtown Quechcca. With this business she sent her kids to school, and although the situation was difficult there was always something to eat. Since she has been a member of the Community Bank, she has learned to save money. Victoria requires a loan amounting to 1000 soles, funds which will be invested in the purchase of grocery products for her business. Victoria dreams of having a convenience store.
On the other hand Simona Callanaupa is married and has six children. Simona's business is selling cereals, a business that she learned from her mother. Simona dreams of saving enough to set up a convenience store. Simona requires a loan of 600 soles, funds which will be investe din the purchase of various cereals.
Meanwhile, Zenaida is separated and she has one sone. Zenaida sells food from her home to the natural gas workers fo Camisea, an opportunity to make her business grow. Zenaida requires a loan amounting to 600 soles, funds which will be invested in the purchase of wholesale products. Zenaida dreams of having a restaurant in the city of Ayacucho.
The other members require loans of different sums: 300 soles, 600 soles, 900 soles, and 1000 soles, totalling 13100 soles for the membership of the Community Bank.
The loans will be invested in the purchase of rice, sugar, cooking oil, pasta, wheat, barley, corn, and small animals. The members made mention that they learned how to save money, and above all they are grateful for the loans that they receive, helping them in their daily life.
Group Name: Victoria Quispe de Bautista Group
Location: Ayacucho, Peru
Primary Activity: Food Production/Sales
Loan Requested: $4,250.00
Repayment Term: 5 months - details
Loan Use: To purchase grocery products, various cereals, and other merchandise.
Date Posted: Nov 24, 2008
Disbursal Date: Nov 7, 2008
Its christmas time, the time for giving and after reading your posts, I think I'm going to do a KIVA loan too, so thanks for all your wonderful posts. I would have never heard about it otherwise.
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