Las Pariguanas Group

The members of the Yarcaccunca community make up a communal bank called “Las Pariguanas.” These members live 2 hours from the city of Cusco.

Our members have different activities in the home around agriculture and livestock. They farm, grow tubers and vegetables, also grains depending on the season. Our members earn a living by selling their products. They require a loan to be able to buy the seeds, some animals, and rent the land in order to have a greater production in their new crop.

The members are very grateful and value the loan. The promise to pay their entire loan within the established timeframe.

Translated from Spanish by Cindy Kendall, Kiva Volunteer

Los socios de la comunidad de Yarcaccunca, integran un banco comunal llamado “LAS PARIGUANAS”, estos socios viven a 2 horas de la ciudad del Cusco.

Nuestros socios alternan sus diferentes actividades del hogar con la agricultura y la ganadería, ellos trabajan la tierra, siembran tubérculos y verduras, también cereales de acuerdo ala época, nuestros socios viven de la venta de sus productos, para lo cual requieren el préstamo para poder comprar las semillas, algunos animales y alquilar terrenos para tener mayor producción en su nueva cosecha.

Los socios se encuentran muy agradecidos y valorando el préstamo se comprometen a cumplir con el pago total de su deuda en el tiempo 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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