Funded

Total loan: $4,425
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Virgen Asunta Group


A loan of $4,425 helped a member to buy more food like sugar, noodles, rice, and many others.


Virgen Asunta Group's story

Margot belongs to the Virgen Asunta Communal Bank. In the photo Margo is standing and raising her hand. She represents her communal bank. She was born in the city of Calca. She is 45 years old, married, and has three children. Margot currently lives in the Hospitalpampa community, which is ten minutes from the main plaza in the city of Anta, Cusco-Peru.

Margot has a small store in her home. She opens the store at 5:30 in the morning, and she closes at 9:00 at night every day. Margot tells us that she also buys and sells livestock on Fridays at the Sabatina D. Tablada Fair in the city of Iniquilla.

Margot needs the loan to buy more food like sugar, noodles, rice, and much more.

Examples of the business activities of some of the members are selling food, selling groceries, selling firewood, selling dried grains, making blocks for home construction, selling vegetables, and selling livestock and raising small animals. On the other hand, some of them proviD. services like rural transportation, working for the municipality, and building houses.

The Vigen Asunta Communal bank has been functioning for six years. It is comprised of 13 members. The members are hard-working and enterprising. Every minute of the day they look for opportunities to get ahead. With daily effort they look to give their children a better future.

The meetings of the communal bank are every 30 days in Margo’s house in the Hospitalpampa community.

In this group: Dagmar Margot, Geronima, Silvestre, Francisca, Marylin, Cinthia, Urbano*, Naciancena*, Dora, Mamerto, A Sabina, Yuli, Moises
*not pictured

Translated from Spanish by Kiva volunteer Ginny Kalish



Loan details

Loan length:

8 months
Disbursed date: February 10, 2011
Facilitated by Field Partner: Asociación Arariwa

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: February 10, 2011
Facilitated by Field Partner: Asociación Arariwa