Funded

Total loan: $5,450
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Happy Ayllu Group

Peru
Cusco, Peru / Retail

A loan of $5,450 helped a member to buy general merchandise.


Happy Ayllu Group's story

A group of neighbors and friends formed the “Happy Ayllu” communal bank in the district of Cusco. This communal bank has 13 members who seek at every moment opportunities to get ahead and with their daily efforts provide a better future for their children. The economic activities they carry out are varied. We have, for example, vitamin sales, natural products sales; some provide services like beauty salon and travel agency.

(Alejandrina is raising her hand in the photo). She was born in the city of Cusco and still lives in the city of her birth. She’s 50 years old, married and has three children. Her main economic activity is selling bathroom items, bedroom items, cleaning supplies, kitchen items and others. She’s been in this business for 8 years now and she does very well. On this occasion, Alejandrina needs the loan to buy merchandise like brushes, towels, robes and other things. She will buy the merchandise in the cities of Lima, Desaguadero, La Paz and Tacna. Alejadrina’s dream is to see her children become professionals and to have a chain of stores.

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

Cusco is located in Cusco District and Province belonging to Cusco Department in the very heart of the ancient city of the Incas. It’s noted for being a tourist zone because of its archaeological sites, its historic city center, its scenery and for its history; it’s an enchanting city in the southern region of the country. Cusco is known for being a very touristy, commercial zone and for its traditional “Inti Raymi” festival and because one of the Seven Wonders of the World, Machupicchu, is located there.

In this group: Alejandrina, Julia Consuelo, Rosa Hilda, Bertha, Marcia Eiko, Mario Kenji, Julio Mario, Rocio Ofelia*, Evelin Yurico, Carlos Nicoll*, Orlando, Carmen, Angel
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz



Loan details

Loan length:

6 months
Disbursed date: April 24, 2012
Facilitated by Field Partner: Asociación Arariwa

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: April 24, 2012
Facilitated by Field Partner: Asociación Arariwa