A loan of $4,350 helped a member to purchase merchandise such as sacks of rice, sacks of sugar, noodles, milk and other items.

Nuevo Progreso De Andahuaylillas Group's story

A group of friends and neighbors formed the “Nuevo Progreso de Andahuaylillas” Communal Bank in the district of Andahuaylillas, in Quispicanchis Province in the department of Cusco. This communal bank is made up of people who always look for opportunities to move ahead and provide a better future for their children through their daily work. The members’ economic activities are, for example, handicraft sales, food sales, small animal husbandry (e.g. guinea pigs, chickens and ducks), corn sales and the sale of sweets. Other members are farmers.

Sra. Mery is shown in the photograph raising her hand. She was born in the city of Anta but now lives in the city of Andahuaylillas. She is 46 years old and is married with four children. Her principal business is food sales. She owns a small store in her home where she waits on customers every day from 5 in the morning until 9 at night or until the food runs out. She has had this business for several years and it is going very well thanks to the effort she puts into her work. At this time Mery needs the loan to buy merchandise such as sacks of rice, sacks of sugar, noodles, milk and other items.

The members in general are grateful for the opportunity provided and are committed to making their payments on time. (The member who appears in the lower box in the photograph arrived late to the meeting of the communal bank.)

It should be noted that Cusco, located in the district and province of Cusco, in the department of Cusco right in the heart of the ancient city of the Incas is characterized as being a tourist area due to its archaeological centers, its history, its landscape and because it is an enchanting city in the southern part of the country. Cusco is also known for its traditional festival of Inti Raymi and because it has Machu Picchu, one of the seven wonders of the world.

In this group: Melchora Mery, Leonarda, Paula, Prudencia, Zenobia, Giller, Michael Edwin, Justina, Marcos, Victoria, Toribia

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Translated from Spanish by Kiva volunteer Diane Chaney

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