A loan of $2,600 helped a member the members who have businesses need the loan to buy products such as giblets and fabrics, and those who work in services need it for family expenses, like their children’s education.


Qoriccoyllor Group's story

Our members belong to the “Qoriccoyllor” communal bank and they live in the city of Cusco, in the department of Cusco. The group meets every 30 days in the main office of the Asociación Arawia [Kiva Field Partner] and it is made up of 11 members.

Our members alternate their diverse domestic activities with small businesses, such as: Valentina sells beef giblets and Marisol makes dresses to her client’s specifications.

The other members work in services, for example: Flora provides street-side cell phone services, Miguel works as a bricklayer, Julia is a nurse, Maria Pilar is a cook, Jhon is a tour guide, and Carmen Irene is an accounting technical assistant.

Our member Giovanna is 30 years old and she lives with her partner and has two children. She sells jora (jora chica is an ancestral beverage in Peru and America- its main ingredient is jora, which is fermented corn). She has been in this line of work for several years and it has gone well for her because of the effort she puts into her work. Giovanna needs the loan to buy more corn.

The members who have businesses need the loan to buy products such as giblets and fabrics, and those who work in services need it for family expenses, like their children’s education.

The members value and appreciate the loan granted to them through this program and they are committed to making their repayments in the established time frame.

In this group: Flora, Miguel Luis, Marisol, John Cesar, Valentina, Carmen Irene, Americo, Maria Pilar, Wilfredo, Julia, Giovana

Translated from Spanish by Kiva volunteer Jennifer Day



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