Total loan: $4,975

Kancharisun Group

CUSCO, Cusco, Peru / Retail

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A loan helped To buy merchandise or for personal use.

Kancharisun Group's story

Our members belong to the KANCHARISUN Communal Bank. This Quechuan name of the bank is translated in Spanish as “iluminemos” (Light Givers). This bank is composed of 16 members and they meet once a month at the main office of La Asociación Arariwa (The Arariwa Association). Apolinaria has a stand where she sells a variety of wonderful fruit juices, such as papaya juice, plantain juice, etc. The members Elizabeth, Lelia, Maria Laura and MatilD. work at teaching in various schools in Cuzco. They are working to learn to use information technology in order to teach their students. Our member Manuela is an administrative assistant for the municipality of the District of San Sebastian. Others of our members work at selling handicrafts such as portraiture pottery, necklaces and ornaments characteristic of Cuzco, and many other things. Our member Martha is 36 years old and is the coordinator for Vaso D. Leche (Glass of Milk). This social assistance program provides support to women of low economic resources. Martha is married and has a son, and she understands what hard work it is to have a child and to educate him. That's why she assists with this social program. The other members are working at transportation services and selling toys at the Sunday Fairs in Cuzco. The members are requesting this loan for their use as working capital in order to increase their products and also their sales, so that they can proviD. a better quality of life for their families. The members value and appreciate the loan bestowed by this means, and at the same time they promise to comply with the installment payments according to the established plan.

Translated from Spanish by Daniel Kvaka, Kiva Volunteer