New microfinance loans allocated: Agriculture, South America and women

San Miguel De Ayacucho Group in Peru

San Miguel De Ayacucho Group in Peru

Today, I got several loans repaid, so I allocated $550 new loans. This time, the accent went to women working in agriculture.

One of the new loans is to the member of the Communal Bank San Miguel de Ayacucho in Peru. They are a group of 15 people, mostly women. The community is located on the banks of the river Chacco, where most of the population is engaged in vegetable farming.

These entrepreneurs have various businesses such as selling vegetables, shoes, general groceries, beverages, transport of passengers. Their loans will be invested in buying sugar, rice, seeds, fertilizer and for payment of laborers.

An overview of the loans made today:

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