A loan of $5,175 helped a member to pay her children's educational expenses.

Sumac Puririsun Group's story

A group of neighbors and friends formed the “Sumac Puririsun” communal bank several years ago in the city of Cusco so they are now in their 8th cycle. The communal bank is composed of 14 hardworking, enterprising women who always seek opportunities to get ahead with their daily efforts in order to provide their children with better futures. The economic activities of the members are varied. For example: tamale sales, food sales, ‘mazmorra morada’ [purple corn based sweet] sales, juice sales, food sales and crafts sales.

Cusco is located in the district and province of Cusco in Cusco department in the very heart of the ancient Inca city. It’s noted for being a tourism zone and for its archaeological centers and for its historical city center, its scenery, its history and for being an enchanting city in the southern part of the country.

Presentación is part of the communal bank. She’s married and her beautiful relationship has produced three children one of which is independent and the others are still dependent on her. Presentación tells us very proudly that with help from her spouse she’s moving her children ahead.

Her economic activity is washing clothes by hand at her customers’ homes and also cleaning houses. On this occasion, Presentación needs a personal use loan, that is, to pay for her children’s schooling.

The members in general are grateful for the opportunity provided and commit to make their various installment payments according to the payment schedule.

In this group: Presentacion, Gloria, Neil Nataly, Etelvina, Luz Marina, Leslie Hindira, Dominga, Clotilde*, Hilaria, Ines Milagros, Gregoria, Miriam, Roxana, Virginia
*not pictured

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Translated from Spanish by Kiva volunteer Polliz

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