I know that’s patronizing, but they really are just so adorable. :) That’s one of our borrower criteria here at the WPMF…adorableness. Just kidding.So, we’ve been paid back in full by these fine women from Peru who, through their microloans, were able to grow their small retail businesses. Yea for them, yea for us!
LOAN INFORMATION:
Business Type: retail activities
Loan For: buy clothing, oil, rice, sugar, chicken, and farm supplies
Loan Requested: $800.00 / WPMF portion: $125.00
Date Funded: July, 2008 / Repaid in Full: Feb 15, 2009
FROM THE APPLICATION: “Amalia, Rosa and Fortunata belong to the Chiara Village Bank. Chiara is the town where they live, located an hour away from Ayacucho. All three of the women earn income farming cereals and tubers.
Amalia is 22 years old, married, and has two children. She owns a store where she sells groceries, vegetables, fruit, and clothes. The store is housed in a rented stand next to the district park. In addition to running the store, Amalia also raises animals, such as pigs and Guinea pigs that she sells at district fairs. Rosa is 31, married, and has three children. She sells “salchipollo” (a dish consisting of chicken and french fries) from a cart in front of her house. Additionally, Rosa, like Amalia, raises animals. Fortunata is 52, married, and has six children. She raises animals, such as bovines and goats, that she sells at district fairs.
They all dream about improving their families’ standard of living and being able to afford good education for their children."
