A loan of $1,000 helped to buy more materials such as sheep and alpaca wool and natural dyes like cochineal, cucamarca, etc.

Bernardo's story

The Mateo Pumacahua Communal Bank meet in the city of Chinchero in the Cusco department. This city is more known for the Inca ruins that it has, telling the story that in times passed when there was still no city where there are now streets, there used to be the house of the Inca “Túpac Inca Yupanqui”. This population is also very interesting not only for the ruins and the temple, but for the costumes and customs; in addition to its colorful and crowded Sunday fair.

On visiting this bank we talk with the member Bernardo. He is single and lives in Chinchero, where he makes knitwear like blankets, belts and chullos (Peruvian hat) and sells these to the tourists that visit the city. He is investing 1000 dollars in materials such as sheep and alpaca wool and natural dyes like conchineal, cucamarca, etc. He has done this for 8 years and it is going well. Being a member of the Foundation has really helped him to better himself and make his business grow. With this new loan he will stock his business and is going to buy more materials. The member's wish is to travel abroad and then he wants to sell his products there.

Translated from Spanish by Kiva volunteer Catherine Dent

Loan details

Lenders and lending teams

Loan details