Funded

Total loan: $2,325
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Munay Kente Ii Group

Peru
Cusco, Peru / Retail

A loan of $2,325 helped a member to use it as work capital and increase their products and sales.


Munay Kente Ii Group's story

Our members belong to the communal bank "Munay Kente". This village bank consists of 10 members that meet once a month at the Arariwa Association's main office. Our partners alternate their various activities with retailing in the city Cusco. A large part is devoted to selling food items, grains, etc. The members Raul and Alex work in transportation services in the city. Members Francisca and Juana are domestic employees. The member Leonor sells grains, such as corn, barley, wheat and more. Member Yanet works as a secretary. They are requesting the loan in order to use it as work capital to increase their products and sales, and thus to provide a better quality of life for their families. They value and appreciate this loan granted through this medium. Likewise, they agree to pay their dues on time. (Members Juana and Leonor do not appear in the picture because they were given permission from the communal bank's board to leave before taking the picture).

In this group: Estela, Susana, Laura, Yanet, Narciso, Alex, Juana*, Leonor*, Hilmar Raul, Francisca
*not pictured

Translated from Spanish by Kiva volunteer Elycia Mulholland



Loan details

Loan length:

6 months
Disbursed date: November 20, 2009
Facilitated by Field Partner: Asociación Arariwa

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: November 20, 2009
Facilitated by Field Partner: Asociación Arariwa