A loan of $4,050 helped a member to buy more merchandise exclusively for women.

Fe En Dios Group's story

The community bank “Fe en Dios" or "Faith in God,” is currently in its eighth loan cycle, and the partner meetings are every month in the central office of the Arariwa Association. The community bank is composed of 11 hard-working and ambitious people who look for opportunity at every moment in order to move forward and through daily efforts to provide a better future for their children. It is a community bank comprised of members that live in the city of Cusco. Cusco is a city that is known for its archaeological sites, its historic center, its scenery, its history, and for being a charming city in the Southern Region of the country.

Some of the economic activities of the members include: selling cosmetics, jackets, and shoes, renting scaffolds, and selling clothes, while others offer security and accounting services. The community bank has been functioning for several years, as the members can attest. The members are happy and satisfied with the credit services, savings and trainings. Due to the amount of time they have been with the communal bank, members are able to earn valuable compound interest on their savings.

Yorma forms part of the community bank “Faith in God.” She is 35 years old and was born in the city of Puno. She has two children named Luís Marcelo and Bryham. The two still depend on her, and she is both the mother and father of her children since she doesn’t receive support from her partner. Yomira alternates her home activities with commercial activities like selling coats, clothes and shoes. She tells us that the jackets that they sell are exported from the country of Argentina and they offer them to public institutions. The shoes are brought from the city of Puno and are offered to the sellers in various markets in Cusco. Yomira tells us that things went very well with the previous loan but this time she needs the loan to buy more merchandise exclusively for women.

She has now been working withe the communal banks for several years and also with the Asociación Arariwa, and it has gone very well thanks to the responsibility that characterizes her.

In this group: Viventa Yomira, Adriana, Aurelio, Esmeralda, Victor Ceferino, Erika Julia, Marisol, Maria Elena, Nazaria, Yanett

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Translated from Spanish by Kiva volunteer Debra McMahon

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