Total loan: $3,800

Miskiunu-Phiry Group

Flag of Peru
Urubamba - Urubamba - Cusco, Cusco, Peru / Agriculture

Miskiunu-Phiry Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped Florentina needs the loan to improve the roof on the structure where her guinea pigs live and to buy food for them.

Miskiunu-Phiry Group's story

The Miskiuno communal bank is composed of hardworking women and men who constantly look for opportunities to get ahead and who work everyday to be able to give their children a better future. The members live in the city of Phiry, in Ollantaytambo district, in Urubamba province, in the department of Cusco. The area is characterized by its warm climate, its beautiful views, and its agriculture and cattle herding. Florentina is a member of the Miskiuno communal bank. She is 58 years old, married, and the mother of five children, two of whom are still dependent on her (Aled y Elvis). Her husband works as a cook. Florentina works in agriculture and raises small animals, such as guinea pigs. She currently has 300 guinea pigs and she sells them to restaurants at a cost of 15.00 to 18.00 PEN per guinea pig. Things are going very well for her because her guinea pigs are known in the area for their quality. She has been selling them for two years. She has also belonged to the Miskiuno communal bank for two years. Her loan will be used to improve the roof where the guinea pigs live and also to buy feed for them. Some of the other members work in agriculture—for example, Susana, Yolanda, Eloy, Silveria and Pablo. The rest work in a variety of activities, such as tailoring, food sales, crafts, food, vegetables, and animal fodder. The members are worried because their sales have gone down due to the heavy rains that fell for three days in the city of Cusco. Their buyers work directly in the tourist traD. and tourism has fallen off considerably. Other members have their fields near the banks of the Vilcanota River; the river washed away their crops leaving nothing behind except unrecoverable losses. The members forge ahead despite the adversities of their climate. The members are grateful for the opportunity they have been given and they promise to make their loan payments within the established time frame.

Translated from Spanish by Jennifer Day, Kiva Volunteer