A loan of $3,600 helped a member for the purchase of rice, noodles, chicken, sheep, small animals, cochinilla (to make red dye).


Yanapampa Group's story

The Yanapampa Communal Bank begins its third cycle with 13 members, and all of its members are from the community with the same name. The members have different businesses, such as selling cereal, cochinilL. (a red dye), small animals, tara (a powder used in tanning), tubers, vegetables and general groceries. Bertha lives with her partner, is 24 years old and has 3 children. Bertha travels to different towns in her area where she buys animals that she later transports to the fair in the city of Huanta and sometimes she prepares them for sale in her community. Rayda is married, is 41 years old and has 8 children, 4 of whom live with her. Rayda travels to the Ayachucan forest where she sells animals such as hens and guinea pigs. In addition, Rayda raises hens. The members need loans of different amounts, such as 300, 600 and 900 soles, making a total of 11,200 soles in loans from the Communal Bank. Their loans will be invested in the purchase of rice, noodles, hens, sheep, small animals and cochinilL.. The members' dream is to improve their businesses, to see their children become professionals, to have their own capital and to save more.

In this group: Esperanza , Guillermina , Rayda Marcelina , Sofia , Cain , Fermin , Zenobio , Paulino , Luz Marlene , Fermina , Yovana , Bertha , Juan

Translated from Spanish by Kiva volunteer Tara Binetti



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