Funded

Total loan: $4,075
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Antonieta's Group

Peru
Cusco, Peru / Retail

A loan of $4,075 helped a member to buy ingredients such as flour, sugar, lard, milk, butter, and other such things.


Antonieta's Group's story

A group of neighbors and friends formed the communal bank "Jesús Divino Amor" (Jesus Divine Love) in the city of Cuzco. This communal bank is comprised of people who, in every moment, seek opportunities to get ahead, and through their daily efforts to achieve a better future for their children. The economic activities of the members include, for example: the sale of food, clothes, leather goods, and sweets. Others provide services such as the maintenance of cars and other vehicles of transport.

One member, Antonieta, was born in the Quispicanchis province of the Sicuani district, but now lives in the city of Cuzco. She is forty-five years old and has a common-law marriage from which she has two children. Antonieta makes her living preparing cakes. She has a small oven where she makes delicious stews. At this moment, she needs the loan to buy ingredients such as flour, sugar, lard, milk, butter, and various other things.

The members in general are grateful for the opportunity provided and they promise to comply with the payment of their various debts within the established periods. (The members that appear in the lower part of the photograph arrived late to the meeting).

Cuzco is located in the district and province of Cuzco in the "departamento" of Cuzco in the heart of the ancient city of the Incas. It is characterized as a tourist attraction for its archeological centers, its historical district, its landscapes, its history, and for being an enchanting city of the southern region of the country. Cuzco is known for being a very commercial, tourist area, for its traditional celebration of Inti Raymi, and for being the location of one of the seven wonders of the world, "Machupichu."

In this group: Antonieta, Aydee Martina, Zoraida, Olga, Sabina, Edwin, Maria Del Pilar, Wilintong, Nelida Nancy*, Ever Elixban*, Gloria
*not pictured

Translated from Spanish by Kiva volunteer Kate Kremer



Loan details

Loan length:

6 months
Disbursed date: April 23, 2012
Facilitated by Field Partner: Asociación Arariwa

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: April 23, 2012
Facilitated by Field Partner: Asociación Arariwa