A loan of $4,100 helped a member buy rice, noodles, sugar, oils, and vegetables.

La Amistad Group's story

The members of the "La Amistad" (Friendship) Village Bank meet every thirty days at the offices of the Cusco City Asociación Arariwa microfinance department. The village bank is currently in its sixth loan cycle and consists of fourteen members, hardworking and enterprising people who are always on the lookout for opportunities to succeed, and make a daily effort to bring a better future to their children.

Members' businesses include selling quinoa-based breakfast foods, as well as meals, soups, other food products, and cosmetics. Other members provide services, including transportation and taxi services, and still others are professionals like lawyers and teachers.

Giovanna is thirty-eight-years-old, married, and has three children. Her primary business is selling meals. She prepares lunch and dinner and is on the job Monday through Friday, from 7:00 in the morning until 10:00 at night. She's been in business now for two or three years and things are going very well thanks to the determination she brings to the job. She needs a loan to increase her working capital and she would like to buy ingredients including rice, noodles, sugar, oil, and vegetables.

Giovanna has belonged to the village bank for two years and considers herself to be a responsible and punctual person with respect to her payments.

The members value and appreciate the loans they receive through this means, and they are committed to making their payments on time.

Cusco is a lovely city in the southern region of the country, known for its archaeological sites, historical center, landscape, and history.

In this group: Giovana, Luz Marina, Meri Hipolita, Eneida, Georgina, Flor De Maria, Rina, Mariela, Wiliam, Oswaldo, Juan De La Cruz, Angelica, Fanny Aracely

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Translated from Spanish by Kiva volunteer Jill Heske

Loan details

Lenders and lending teams

Loan details