A loan of $4,750 helped a member to purchase groceries such as rice, sugar and pasta.

Qoriwasi Group's story

The community bank “Qoriwasi” is currently in their tenth loan cycle and is made up of hard working and enterprising people who look for opportunities in every moment to get ahead and give their children a better future through their daily efforts. The community bank holds a meeting every month in the main office of the Arariwa Association.

The group members are involved in different fields of work such as buying and selling gold, raising small animals, selling medication, artesanal products and furniture. Other members work as kindergarden and school teachers, Wanchaq council employees, mineral company assessors and tourist guides.

Augusta is 48 years old, single and comes from Cusco. She tells us that ‘in my communal bank “Qoriwasi” there are 15 members and they chose me to be the representative of the community bank to give my testimony about the work I do. All of my associates at the community bank are very friendly and responsible people, and very punctual when it comes time to making their repayments. I am a teacher and I Iove to instil good values in my students’.

Augusta works as a teacher in the national girls college “Clorinda Matto de Turner” in the city of Cusco. She has been teaching for 25 years and she likes this profession. She also complements her income from teaching by running a grocery store. Augusta needs this loan to buy more groceries such as rice, sugar, pasta and so on.

Karina is also a member of the community bank. She is 26 years old and comes from the province of Quillabamba in the department of Cusco. She has taught in a kindergarden called “Talemtum” since 2009 and thanks to this job and the responsibility that she demonstrates at work she has been going very well. Karina needs a loan to cover personal expenses such as groceries, debts and travel fares.

In this group: Augusta, Karina, Dina, Miriam, Porfirio, Sonia, Marina Jesus, Hector Manuel*, David Efrain, Wilbert*, Monica, Jorge Andres Alejandro, Deginalda, Luis Angel, Edinson Walter
*not pictured

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Translated from Spanish by Kiva volunteer Suzanne Grasso

Loan details

Lenders and lending teams

Loan details