A loan of $3,825 helped a member to purchase new machinery for metal carpentry shop.

Kantu San Jerónimo Group's story

Kantu San Jerónimo Bank is a group of 15 lenders that has been together for around 10 years. They are based in San Jerónimo, a small community located 20 minutes south of Cusco, Perú. They are currently in their second loan cycle with Asociación Arariwa, and regularly bring new members into the group and alternate the leadership positions.

Members include housewives who run small businesses such as general stores and daycare centers from their homes. They plan to buy merchandise for their businesses or to fix up their homes with the money. Griselda, the newest member, is a part-time university student who studies psychology and needs the loan to help finance her education.

David is the current president of Kantu San Jerónimo. He has three children and runs a metal carpentry shop for producing things such as furniture, doors, stairwells, and window frames. He wants to purchase new machinery for his store with this loan.

The group met at Arariwa headquarters in Cusco to discuss the terms and conditions of their loan. They are committed to paying it back on time and are grateful to have access to the capital needed to run their businesses.

In this group: David Pasto, Susana Marlyn, Ana, Yanet, Silvia Patricia, Norma, Sisinia *, Leopoldo, Maribel , Beatriz, Alyde Marisol, Carmen, Griselda Hesperida, Ruth*, Javier Fausto*
*not pictured

Loan details

Lenders and lending teams

Loan details