Señor De Accha Group

The members of the banking coop "Señor de Accha" live in the district of Pisac, which is located in the Sacred Valley of the Incas, about one hour from Cusco. Our members make native food to sell while working at home. The majority of them make the food at home and then bring it to the commercial ovens of friends to be cooked. The principal job of two of the members is to sell the food and cakes at the main bus stop. In order to insure their business is sustained from generation to generation, the members would like a loan in order to buy more supplies and a commercial oven. Some of the women would like to invest in some furniture for their homes. The members are very appreciative of the money for the loan and they promise to pay all of the debts to which they have committed.

Translated from Spanish by Esther Levandoski, Kiva Volunteer

Los socios del banco comunal “SEÑOR DE ACCHA”, están situados en el distrito de Pisac, perteneciente al valle sagrado de los inkas, ubicado a 1 hora desde la ciudad del Cusco.

Nuestros socios alternan sus actividades del hogar con la artesanía, en su mayoría ellos elaboran la artesanía manualmente y llevan a cocerlos en los hornos industriales de algunos amigos, 2 socias se dedican ala venta de comidas y tortas en el paradero principal, los socios requieren el préstamo en razón de poder invertir en la compra de más insumos y hornos industriales para continuar con esta labor que llevan de generación en generación, en el caso de las otras socias ellas desean invertir en su hogar en algunos muebles.

Los socios se muestran muy agradecidos con el préstamo otorgado y se comprometen a cumplir con el pago total de sus deudas en el plazo establecido.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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