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Wiñay Kury Group
In this Group: Mabel, Agustin, Nancy*, Marieta, Savino Pablo, Gregorio, Luzbely, Felipe Santiago*, Eva, Nelida
* not pictured
The “WIÑAY KURY” communal bank is in its first loan cycle. It is made up of 10 hard-working, enterprising people who are always looking for ways to get ahead in life and, through their own efforts, to provide a better future for their children. This communal bank is in Quiquijana district, Quispicanchis province, Cusco department. Cusco is a city that is known for its archaeological sites, its historic city center, its scenery and its history. It is an enchanting city in the southern part of the country. Quiquijana is about 45 minutes from Cusco.

The members are involved in a variety of commercial activities; such as: food sales, bread sales, small farm animal raising, grocery sales. The communal bank has had several loan cycles and the members state that they are happy with the credit services, the savings and the training they receive. They are especially happy with the value accrued by leaving their funds in a common account over time.

Eva is a member of the“Wiñay Kury” communal bank. The members meet every 30 days in Mabel’s house in Quiquijana.

Eva is 49 years old, married and has three children. The oldest is independent and two still are dependent on her. She alternates her household chores with her three commercial activities: she bakes and sells bread, she sells food and she raises small farm animals for sale.

Eva tells us that she learned to bake bread when she was a little girl. She sells it door-to-door to her neighbors. She also tells us that from Monday to Saturday she rises very early to prepare dough and bake bread. On Sundays, she prepares dishes like lamb and fried fish to sell in the city’s central market.

She needs funds to buy sugar and flour. Eva tells us sadly that the recent rains adversely affected her kitchen leaving it uninhabitable and killing all her guinea pigs.

Eva is a hard-working, enterprising woman who represents the communal bank; her dream is to have a bakery.

The members as a group are grateful for the help given and pledge to repay in a timely fashion.
View original language description ↓
El banco comunal “WIÑAY KURY”, actualmente se encuentra en el I ciclo y esta conformado por 10 personas trabajadoras y emprendedoras que buscan a cada momento las oportunidades para salir adelante y con su esfuerzo diario entregar un mejor futuro a sus hijos, es un banco comunal conformado por socios que viven en la distrito de Quiquijana de la provincia de Quispicanchis del departamento del Cusco. Cusco es una cuidad que se caracteriza por su centros arqueológicos, centro histórico, sus paisajes, su historia siendo una ciudad encantadora de la Región Sur del país. La ciudad de Quiquijana se encuentra ubicada a 45 minutos de la ciudad del Cusco.

Las actividades económicas de los socios a las que se dedican son el comercio como por ejemplo, venta comida, venta de panes, venta y crianza de animales menores y venta de comestibles. El banco comunal tiene varios ciclos de funcionamiento, como manifiestan las socias, se encuentran contentas y satisfechas con los servicios de crédito, ahorro y capacitación, por el tiempo de permanencia en el banco comunal un aspecto de valoración es el ahorro por la posibilidad de capitalización que les brinda este servicio.

La socia Eva forma parte del banco comunal la “Wiñay Kury” y las reuniones de los socios son cada treinta días en la casa de la socia Mabel en la ciudad de Quiquijana.

Eva tiene 49 años de edad, es casada y tiene tres hijos, el mayor es independiente y dos dependen de ella todavía, ella alterna sus actividades del hogar con sus tres actividades comerciales que son preparar y vender pan, vender comida, crianza y venta de animales menores. Eva nos cuenta que desde muy niña aprendió el oficio de la preparación de pan y actualmente lo vende ofreciendo de forma ambulatoria a sus vecinos, ella también nos cuenta que de lunes a sábados se levanta muy temprano para preparar la masa y hornear el pan. Ella los domingos prepara platos de comida como por ejemplo seco de cordero y pescado frito y los vende en el mercado central de la ciudad. Ella requiere el préstamo para comprar azúcar y harina. Eva nos cuenta con mucha tristeza que las lluvias afecto a su cocina dejándola inhabitable y matando a sus cuyes. Eva es una mujer trabajadora y emprendedora que representa al banco comunal y su anhelo es tener una panificadora.

Los socios en general agradecen la oportunidad brindada y se comprometen a cumplir con el pago de sus diferentes cuotas en los plazos establecidos.

Additional Information

Important Information

About Asociación Arariwa
Asociación Arariwa is a large non-governmental organization that started offering microcredit in 1994 to improve the quality of life, skills and equity of the population in the rural Cusco region of Peru. Arariwa serves the southern Andean provinces of Peru, and is distinguished by its efforts to reach the very poor, who often live in isolated rural areas. Arariwa fosters village banking, supports savings accounts, promotes access to education, and empowers women entrepreneurs (who make up 78% of its borrowers).

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Peru

  • $6,715
    Average annual income
  • 51
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Wiñay Kury Group's $1,525 loan helped a member to buy sugar and flour.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2010
Listed
Mar 8, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010