Total loan: $3,875

Reynita De Belen De Ccorao Group

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Ccorao - San Sebastian - Cusco - Cusco, , Peru / Arts

Reynita De Belen De Ccorao Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped To purchase more supplies for their handiwork and to buy seeds and dry grains.

Reynita De Belen De Ccorao Group's story

The community bank “Reynita D. Belen D. Ccorao" was founded 6 years ago and is located in the Corroa community in the city of Cusco.

Our members are all involved in agriculture, and during the dry season, the vast majority of the members sell artwork, as Corroa is an obligatory stop in the touristic route through Pisac. Corroa is a land of artisans. There are entire workshops of handicrafts and Alpaca wool fabrics, laces, hats for the cold weather, gloves, ponchos, scarves, sweaters and much more. Almost everyone in the village lives off of the sales of their handicrafts. A minority sector has small shops which sell mineral water, cookies, soft drinks, chocolates, and alternate this activity with their crafts. The loan is needed to invest in merchandise, as the high season for tourists has already begun.

The group members are extremely thankful for the loan they will be granted, as in their area they have not been able to find a financing institution. They promise to repay the entire loan amount on schedule.

Translated from Spanish by Michelle Harrison, Kiva Volunteer