Señor De Puquin Group

There are 16 members in the Señor de Puquin Community Bank, which is located in the Huanchac district, Cusco province and department.

The members have different small businesses. They need working capital to invest in their different small businesses. They sell food. Some of them have stands in schools and work at the students’ break time. Others are asking for a loan to increase their businesses in the fellowship market. Other members are asking for a loan for their small café and grocery store.

The members are grateful for and value the loan given through this medium. They promise to make their payments according to the established timeline.

Translated from Spanish by Ginny Kalish, Kiva Volunteer

Los socios son un número de 16, ellos pertenecen al banco comunal “SEÑOR DE PUQUIN”, ubicado en el distrito de Huanchac en la provincia y departamento del Cusco.

Nuestros socios alternan sus diferentes actividades con el comercio minorista, ellos requieren este capital de trabajo para invertir en sus diferentes negocios pequeños, ellos venden comida, algunos tienen sus stand en colegios y laboran en el recreo de los alumnos, otros solicitan para aumentar su negocios en el mercado de confraternidad, otras socias tienen un pequeño cafetín y tienda de abarrotes, para lo cual solicitan el préstamo.

Los socios agradecen y valoran el préstamo otorgado mediante este medio, y se comprometen a cumplir con el pago 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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