A loan of $1,525 helped a member to buy sugar and flour.

Wiñay Kury Group's story

The “WIÑAY KURY” communal bank is in its first loan cycle. It is made up of 10 hard-working, enterprising people who are always looking for ways to get ahead in life and, through their own efforts, to provide a better future for their children. This communal bank is in Quiquijana district, Quispicanchis province, Cusco department. Cusco is a city that is known for its archaeological sites, its historic city center, its scenery and its history. It is an enchanting city in the southern part of the country. Quiquijana is about 45 minutes from Cusco.

The members are involved in a variety of commercial activities; such as: food sales, bread sales, small farm animal raising, grocery sales. The communal bank has had several loan cycles and the members state that they are happy with the credit services, the savings and the training they receive. They are especially happy with the value accrued by leaving their funds in a common account over time.

Eva is a member of the“Wiñay Kury” communal bank. The members meet every 30 days in Mabel’s house in Quiquijana.

Eva is 49 years old, married and has three children. The oldest is independent and two still are dependent on her. She alternates her household chores with her three commercial activities: she bakes and sells bread, she sells food and she raises small farm animals for sale.

Eva tells us that she learned to bake bread when she was a little girl. She sells it door-to-door to her neighbors. She also tells us that from Monday to Saturday she rises very early to prepare dough and bake bread. On Sundays, she prepares dishes like lamb and fried fish to sell in the city’s central market.

She needs funds to buy sugar and flour. Eva tells us sadly that the recent rains adversely affected her kitchen leaving it uninhabitable and killing all her guinea pigs.

Eva is a hard-working, enterprising woman who represents the communal bank; her dream is to have a bakery.

The members as a group are grateful for the help given and pledge to repay in a timely fashion.

In this group: Mabel, Agustin, Nancy*, Marieta, Savino Pablo, Gregorio, Luzbely, Felipe Santiago*, Eva, Nelida
*not pictured

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Translated from Spanish by Kiva volunteer Polliz

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Loan details