A loan of $3,375 helped a member reinvest into their various businesses.

Nuevo Amanecer La Rinconada Group's story

These members belong to the Communal Bank “Nuevo Amanecer La Rinconada”. They are native to the community and to the district of Rinconada Andahuaylillas, which is located in Quispicanchis Province, Department of Cusco.

The members are engaged in business activities which include raising animals for wholesale such as poultry, guinea pigs, and swine. They also cultivate and harvest crops such as corn, potatoes, and beans. Other members have retail businesses, sell food in the market, own bakeries, offer transportation services, etc. Justina is a member who sells groceries, just as she had since the last meeting. All of the members plan to invest their loans into their various business activities so that they can increase their production.

The members appreciate and value the loans they have received so that they can reinvest and generate more revenue. They promise to complete repayment of this debt.

In this group: Juliana, Isabel, Justina, Laureana, Clara, Bernardina, Ines, Guillermina, Andrea Justina, Aquilina, Luz Elena, Ambrocia, Carlota, Francisca

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

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Loan details