A loan of $4,525 helped a member buy more small animals like guinea pigs.

Renecer De Ayarmaca Group's story

The Renacer de Ayamaca Communal Bank is comprised of ten women and four men. They are responsible, happy and charismatic. They live in the Ayarmaca community in the Chinchero district. Ayarmaca is a rural area, like many in Peru, where there is extreme poverty and the lack of opportunities. These are the main problems that the population deals with in order to get ahead.

The months of June, July, and August are hard here. It is freezing cold at night and at dawn. Chinchero is 30 kilometers to the north of the city of Cusco. It is comprised of the urban zone, 14 indigenous communities, and two producer associations. According to different sources, the district population is over ten thousand inhabitants. They still barter as a traditional way of doing business.

The primary economic activity in Chinchero is agriculture. A little over half of the farmers mainly grow potatoes. They also grow grains, small tubers, vegetables, and other things. In regards to the livestock; sheep, cattle, and llamas brought in from the mountains are notable.

The economic activities that stand out are retail businesses and providing services. For example they sell small animals, sell food, sell firewood, sell trees, make handicrafts, and provide construction services.

Braulia, age 46, lives in the Ayarmaca community. She is married and has four children. Her husband, Rafael, works as a bricklayer. Her main activity is raising small animal like guinea pigs, hens, and chickens, etc. Her supplemental activity is farming and livestock. Braulia needs the loan to buy more small animals like guinea pigs.

In this group: Braulia, Gloria, Maximiliana, Bertha, Maria, Rolando, Sonia, Maria, Ceferino, Feliciana, Alejandrina, Silverio, Gloria, Walter Fernando

Translated from Spanish by Kiva volunteer Ginny Kalish

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