Funded

Total loan: $2,950
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Ayni Group

Peru
Cusco, Peru / Retail

A loan of $2,950 helped a member purchase supplies and merchandise.


Ayni Group's story

The group AYNI is made of up 12 women who are collectively asking for a loan to invest in their businesses in the Cusco area. They work in general stores, communication, jewelry making, and clothing sales. The majority of the group members plan to purchase supplies and merchandise.

One member has been making jewelry and selling it in the Velasco Astete neighborhood for 20 years. She will purchase turquoise stones that cost between 3 and 10 soles and turn them into earrings and necklaces that can be sold at a high price to make a profit. Another client is investing in her cell phone business. She stands on busy street corners in the city and charges people to use her cell phones to make both local and long distance calls. She currently has four phones and will use the loan to increase the prepaid credit on them.

Group leader Georgina is 49 years old and has two children. She sells underwear at a market, also in the Velasco Astete neighborhood, and will buy more merchandise to increase her business. As group leader, she personally knows each of the member’s businesses. The entire group is grateful for the loan. They hope to get ahead in their businesses and are committed to repaying according to their scheduled agreement.

In this group: Melissa Ivette, Elizabeth Nanc, Sonia, Georgina, Julia, Alejandrina, Josefina, Angelica, Ivet, Yessenia, Alberta, Maritza
*not pictured



Loan details

Loan length:

6 months
Disbursed date: June 15, 2009
Facilitated by Field Partner: Asociación Arariwa

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: June 15, 2009
Facilitated by Field Partner: Asociación Arariwa