A loan of $2,975 helped a member to buy food and clothing for her children.

Moyopata-San Sebastian Group's story

The majority of the members of the communal bank "Moyopata -- San Sebastian" have withdrawn from the group, but other people have joined. Now the communal bank is in its ninth loan cycle (each cycle is four months long). The communal bank consists of 10 hard-working and entrepreneurial people who are looking at every moment for opportunities to advance and with their daily effort to give their children a better future. The majority of the members live in the city, where they carry out their business activities. Cusco is known for being a very touristic and business area, for its traditional festival, the Inti Raymi, and because one of the seven marvels of the world, Machu Picchu, is found there.

Bank member Vilma, who is 35 years old, is both father and mother to her two children. She works in one of the municipal districts of the city of Cusco in the area of city security. She has done this work for a number of years, and it is going very well for her, thanks to the effort that she puts into her duties. She needs a loan for personal use; she needs to buy food and clothing for her children.

The members appreciate and are grateful for the loan that is offered to them through this means, and they promise to make all their payments on the established schedule. (A member who arrived late for the meeting appears in the lower part of the photograph.)

In this group: Vilma, Gregoria, Ernestina, Maritza, Alicia, Hilda, Teodora, Marisa*, Rosaria, Sabina
*not pictured

Translated from Spanish by Kiva volunteer Pam McMurry

Loan details

Lenders and lending teams

Loan details