A loan of $2,750 helped a member purchase medicines.

Wayna Ccapac Group's story

The Communal Bank “Wayna Ccapac” is currently in its fifth loan cycle and consists of ten hardworking and enterprising individuals who view each moment as an opportunity to get ahead. Through their daily efforts, they are able to proviD. a better future for their children. The members of the Communal Bank live in the Province and Department of Cusco. Cusco is a city known for its Historical Center, its landscapes, and its history for being one of the most enchanting cities in the southern part of the country.

The business activities of the members incluD. selling medicines, dry goods, small animals such as chickens and guinea pigs, groceries, alcoholic beverages such as “chicha”, or providing hostess services. The Communal Bank has participated in various loan cycles and the members are content and satisfied with the loans, savings, and training sessions. One ongoing aspect of the Communal Bank that is of value is the group savings account that opens the possibility for building up assets, which is what this service provides.

Yessica is a new member of the Communal Bank “Wayna Ccapac”. She is 28 years old, in a common law marriage, and has one child. Yessica earns a living by selling medicines. She says that it is difficult today in Peru to find permanent work, but she is an enterprising young woman who decided to open her own business so that she could help generate household income. She needs a loan to buy more medicines.

The members are grateful for this opportunity and commit to making their payments on time. (Members Reynaldo and Sonia do not appear in the photograph because they received permission from the directors to be absent on the day the funds were disbursed.)

In this group: Paulina, Yovana, Isabel, Sonia*, Cleofe, Emperatriz, Reynaldo*, Nelida, Ignacio, Yessica
*not pictured

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details