A loan of $3,175 helped a member the money from this loan will be distributed to various members of the communal bank. Some members have small grocery stores, some teach, and some work with tourists. All have suffered from the recent torrential rain in Cusco, Peru.

Señor De Torrechayoc Ii Group's story

The communal bank called Senor D. Torrechayoc II is maD. up of 8 women and 4 men, all hardworkers who always look for opportunities to improve their lives and economic situation, and through their daily efforts ensure a better future for their children. The members live near Cusco, in the city of Urubamba, a region known for its warm climate, beautiful scenery and cattle farming.

Mariela is a member of the bank. She is 33 years old and lives with her husband Walter, who helps with the household costs. Mariela sells wholesale groceries. She is an enterprising woman and from the time she opened her small shop she has done well. She has been a member of the communal bank for 2 years now, and she will use her portion of the new loan to purchase rice, sugar, noodles and eggs. The other bank members, Edelmira, Sonia and Luz Marina are teachers. Albino and Nayda also work selling grocery items and Angela sells vegetables.

Two other members, Milton and Inocencia, work selling bakery goods which they prepare themselves from a shop they rent. They lived in adobe houses close to the Vilcanota river. Due to the torrential rains which have been falling over the city of Cusco, the Vilcanota river overflowed its banks, destroying homes like Milton and Inocencia had. They lost all of their possessions, but they continue in their work asiD. from the tremendous difficulties. Other members are worried because sales have decreased in the wake of the rain which fell for three days in Cusco. These members worked directly with tourists, and tourism has fallen considerably.

The members all appreciate the opportunities that the communal bank provides for them, and they have committed to comply with their respective payments on time.

In this group: Edelmira, Albino, Sonia, Mariela, Luz Marina, Emilio, Walter, Angela, Meliton, Inocencia, Maria Purificacion, Neyda

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Translated from Spanish by Kiva volunteer Emily Charnes

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