A loan of $2,550 helped a member to increase their products and improve their sales.

Ccori Chuspa Group's story

Our clients belong to the communal bank “CCORI CHUSPA .” They live in the Urubamba province, which is located an hour and a half away from Cusco province. The bank is made up of 11 members and the majority of them have their own independent, but similar, businesses.

These group members balance their many domestic activities with retail in Urubamba city. A large portion of them make their living by selling clothes, food, supplies, handicrafts, etc. The male members have a moto-taxi, which they use for a transportation business. One of the women in this bank sells handicrafts (jewels, bracelets, painted ceramics, cloaks, etc.), other members have general stores where they sell rice, sugar, oil, etc. One member is a gardener and has a farm where he cares for animals (guinea pigs, chickens, ducks, etc.). One member has a restaurant, where she sells food (breakfast, lunch, and dinner). Another member has a tailoring studio.

The members are soliciting this loan for working capital so that they can offer more products and increase their sales, in order to better the quality of life of their families.

All the members appreciate and are thankful for the loan they are receiving through this system, and thus have themselves promised to make all their payments according to the agreed-upon schedule.

(The member Edison is not in the picture, with permission from the directors of the communal bank, because of reasons of health)

In this group: Elizabeth, Hipolita, Margarita, Marina, Maria Jaqueline, Saul Dario, Vilma, Orlando, Karina, Mabel Edith, Daniel, Elio, Edison*, Hilda Leonor
*not pictured

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Translated from Spanish by Kiva volunteer Julia Kastner

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Loan details