A loan of $4,775 helped a member the member needs the loan to purchase corn.

Mainiqui Group's story

The “MAINIQUE” communal bank is currently in its 3rd cycle. It is maD. up of 16 hard working women who are always looking for opportunities to get ahead and who strive daily to give their children a better future. The members of the communal bank live in Urubamba province, department of Cusco, located 50 minutes from the city of Cusco. The city of Cusco is known for its Historic Center, its scenery and its history as an enchanting city in the Southern Region of the country.

The members make their livings with the sales of agricultural products and handicrafts. The communal bank has been active for several cycles, as evidenced by the members, who are happy and satisfied with the credit, savings and training services. An ongoing valuable aspect of the communal bank is the service offered of group savings, which allows for the possibility of building up capital.

Feliciana is a member of the Mainique communal bank. She is 48 years old, married and the mother of six children, 4 of whom live independently from her and two who are still dependent. Her younger children are in school. Feliciana makes her living selling "jora" (fermented corn) in Urubamba's standard market, and she also makes "chicha" (a regional beverage of southern Perú maD. with a base of Jora). Feliciana tells us that she also rents a plot of land where she grows agricultural products, and after the harvest sends them to be sold in the cities of Quillabamba and Cusco. This member needs the loan to purchase corn. Her dream is to help her oldest daughter graduate as a professional tour guiD..

In this group: Feliciana, Lucia, Elizabeth, Maria, Carina, Clorinda, Hilda, Isabel, Maritza, Hilda*, Gladis, Alicia, Faustina, Olimpia, Leydi Josefina, Juana Marisol
*not pictured

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Translated from Spanish by Kiva volunteer Marni Siegal

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