A loan of $4,650 helped a member to buy a sack of rice.


Mosoc Killa Group's story

The communal bank “Mosoc Killa” is currently in the VII cycle and is shaped by hard working and entrepreneurial people who are looking for opportunities at every moment to get ahead and with their daily efforts they are delivering a better future for their children. The communal bank's meetings are monthly in the central office of the Arariwa Association.

The business activities of some of the members are for example, project development, cake making, sale of beauty products, sale of clothing, sale of craftwork and sale of furniture. Other members are for example mechanics and an employee from the old bar. Florentina, is 46, married and is a native of Cusco.

Florentina tells us - In my communal bank “Mosoc Killa” there are 16 members and they chose me as the representative of the communal bank to give my testimony of my business activity. All my fellow members of the communal bank are friendly, responsible people and above all are punctual in paying their instalments. I have my restaurant where I sell food, and my customers like what I cook, the loan that I require is to buy a sack of rice as I need it to be able to sell my rich plates of food. It has already been several years that I have worked with the Arariwa Association and it has gone very well for me. With the loans that they have given me and the profits that I obtained I could pay for my children's studies and do maintenance around my house.

(The members Julia, Marco and Elena are not in the photo because they arrived late to the meeting).

In this group: Florentina, Evangelina, Clotilde, Yelybeth, Lilian, Julia*, Marco Alexander*, Ana Maria, Wilda, Amanda, Alberto, Elias, Veronica, Yanet, Maria Elena*, Danny Cesar
*not pictured

Translated from Spanish by Kiva volunteer Catherine Dent



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