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Puka Pukayoq Group
In this Group: Mercedes, Brigida, Gerbacio, Paulina, Genara, Valentina, Lucy, Mercedes, Jesusa, Eusebia, Herni*, Celso
* not pictured
The Puka Pukayoq community bank has 12 hard-working and enterprising female members, and is currently in its sixth cycle. These women are always looking for opportunities to get ahead, and strive daily to proviD. a better future for their children. The bank is represented by its president, Mercedes; secretary, Brigida; treasurer, Valentina; and auditor, Paulina. The members meet every 30 days in Valentina's home, which she has very happily opened to them.
Examples of members' activities incluD. the sale of food and chicha (liquor); raising small animals such as guinea pigs; and vegetable sales. Other members offer services such as bricklaying for the municipality of Pachar.

Mercedes is 34, has two children and lives in the Pachar community. She tells us: "In my community bank 'Puka Pukayoq', there are 12 of us and they elected me as a representative to tell you about my activities". She mainly raises small animals such as guinea pigs. Her storehouse is in the Yanahuara community. She has been doing this for two years and it is going very well. Mercedes is requesting this loan to buy 20 to 30 guinea pigs. A pair of guinea pigs costs between 15 and 20 soles depending on the breed. She buys guinea pigs in the Urubamba and puente Grau markets in Cusco.
View original language description ↓
El banco comunal “Puka Pukayoq”, actualmente se encuentra en el VI ciclo y está conformado por 12 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. El banco comunal está representado por los socios, Mercedes es la presidenta, Brigida es la secretaria, Valentina es la tesorera y Paulina es la fiscal. Los socios se reúnen cada treinta días en la casa D. la señora Valentina que muy amablemente les cedió un espacio D. domicilio.

Las actividades económicas D. los algunos D. los socios a las que se dedican son por ejemplo, venta D. comida y chicha, crianza D. animales menores como por ejemplo cuyes y venta D. hortalizas. Otros socios brindan servicios como por ejemplo albañil, empleado D. la municipalidad D. Pachar.

Mercedes, tiene 34 años, tiene dos hijos y vive en la comunidad D. Pachar.

Mercedes nos cuenta. - En mi banco comunal “Puka Pukayoq” somos 12 integrantes y me eligieron a mí como representante del banco comunal para dar mi testimonio D. mi actividad económica. Su actividad económica principal D. la señora Mercedes es la crianza D. animales menores como por ejemplo cuyes, ella tiene su galpón en la comunidad D. Yanahuara. Ya son dos años que se dedica al negocio y le va muy bien. Mercedes requiere el préstamo para comprar 20 a 30 cuyes, el par D. cuyes compra entre 15 a 20 soles dependiendo D. la raza del animal. Mercedes compra en el mercado D. Urubamba y en el mercado del puente Grau D. la ciudad del Cusco los cuyes.

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

  • $12,000
    Average annual income
  • 157
    View loans »
    Peru Loans Fundraising
  • $60,191,850
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Puka Pukayoq Group's $3,725 loan helped a member to buy guinea pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 6, 2010
Jun 1, 2010
Currency Exchange Loss:
Dec 15, 2010