A loan of $4,400 helped a member to buy firewood, jora (alcoholic beverage made from fermented corn) and beer.

Señor De Los Milagros De Chimpahuaylla Group's story

The “SEÑOR D. LOS MILAGROS D. CHIMPAHUAYLLA” communal bank is in its 5th loan cycle. It is composed of 15 hard-working, enterprising members who constantly seek ways to get ahead and proviD., through their daily efforts, a better future for their children. It is a communal bank maD. up of residents of Cusco. 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 region of the country.

The members are involved in a variety of commercial activities. Among these are: sale of food, prepared meals, crafts, jora (alcoholic beverage maD. from fermented corn), pasturage, vegetables, small farm animals, dairy products, grains; others care for senior citizens, work as hotel housekeepers and as secretaries.

The communal bank has undergone several cycles and, as the members state, they are happy and satisfied with the credit services, the savings, and the training. They especially appreciate the accrued value that they can obtain by leaving their funds in a common account.

Isabel is a member of the “Señor D. los Milagros D. Chimpahuaylla” communal bank. She lives with her life partner and has 6 children. Isabel is a hard-working, enterprising woman who devised a way to open her own business: she sells chicha (chicha D. jora is an ancestral Peruvian and American beverage maD. from jora, fermented corn). She has her own store, called Picantería, located in Cusco’s San Jerónimo neighborhood’s main square. Picantería is unique among the other businesses because a red flag is tied to a plant at the entrance.

Isabel tells us how she does her work: she rises very early to prepare the chicha D. jora and then begins her sales around noon. Starting at three in the afternoon, she provides a free snack, called “picante” to her customers. She is open for business until 10pm. When she completes her work day, she goes home to rest in order to start all over the next day. She has been in this line of work for 16 years and has done well thanks to the efforts she puts into her work.

She needs funding to buy firewood, jora and beer.

The group members, as a whole, are grateful for the opportunity offered and pledge to repay in a timely fashion.

In this group: Sandra*, Dora Delia, Placida, Isabel, Lucia, Noemi, Mariluz, Hilda, Ana Isabel, Mery Felicitas, Hilda Luciana, Alentina, Marleni, Joel, Rosaura
*not pictured

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Translated from Spanish by Kiva volunteer Polliz

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