A loan of $6,800 helped a member to buy wool sweaters, bracelets, necklaces, leather cases, and other items..


Pro Desarrollo Group's story

A group of neighbors and friends formed the Communal Bank "Pro Desarrollo" (Pro Development) in the District of Pisaq in Calca Province, Department of Cusco. This Communal Bank consists of individuals who look at each moment as an opportunity to get ahead. Through their daily efforts, they are able to provide a better future for their children. The business activities of the members are as follows: selling handicrafts, selling vegetables, buying and selling cattle, fattening livestock, selling food, selling candy, and other services such as sewing and tailoring.

Sra. Noemi (who has her hand raised in the photo) is a member who was born in the community of Molletapa in the District and Province of Anta, Department of Cusco. Her main business activity involves handicrafts such as ceramics, woven goods, trinkets, miniature figurines, and other items. She has been in this business for 18 years and is doing very well thanks to the effort she puts into her work. Noemi is taking this opportunity to request a loan so that she can buy merchandise such as wool sweaters, bracelets, necklaces, leather cases, and other items.

The members, in general, are grateful for the opportunity that has been provided and promise to complete the payments on their various loans according to the established terms. (The members who appear in the smaller photos requested permission from the Communal Bank's Board of Directors to be absent from the meeting.)

Cusco is located in the Distrct and Province of Cusco in the Department of Cusco. The heart of this ancient city of the Incas is where many archaeological sites are located. The historical center and the landscapes help make Cusco the most enchanting city in the southern region of Peru. Cusco is known for being a tourist and commercial area. It is also known for the traditional festival of Inti Raymi and for being the home of one of the Seven Wonders of the World, Machu Picchu.

In this group: Noemi, Nora Bertha, Ruth Estelmina, Ancelmo, Julia Rosa, Aurelia, Margarita, Alfredo, Florencia
*not pictured

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Translated from Spanish by Kiva volunteer Ronan Reodica



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