A loan of $2,975 helped a member to buy sacks of rice and sugar.

Virgen De Las Mercedes Group's story

Maria lives in the beautiful province of Urubamba, in the department of Cusco. Maria's main economic activity is agriculture; she works selling corn on a wholesale basis. She has dedicated herself to this business for several years, and it is going very well for her. Maria also works selling corn, and she has a small grocery store where she sells basic staple products such as rice, sugar, noodles, detergent and other items. At this time, Maria needs the loan to buy sacks of rice and sacks of sugar.

This group is made up of neighbors and friends who formed the communal bank "Virgen de las Mercedes” in the province of Urubamba, department of Cusco. This communal bank is composed of people who are always looking for opportunities to get ahead, and with their daily efforts to provide a better future for their children. The members' economic activities include, for example, agriculture and livestock raising.

All of the members are grateful for the opportunity provided, and they are committed to making their various payments on schedule.

Cusco is located in the district and province of Cusco, in the department of Cusco, at the very heart of the ancient city of the Incas. It is known as a touristic area, thanks to his archaeological sites, its historic city center, its landscapes, its history, and its character as an enchanting city of the country's southern region. Cusco is also known for its traditional festival of Inti Raymi, and because one of the seven wonders of the world is located there: Machu Picchu.

In this group: Maria, Sonia*, Veronica, Agripina, Rosa, Carmela, Guillermina, Abdon*, Rosa, Marleni, Yasmina, Elena
*not pictured

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Translated from Spanish by Kiva volunteer Patricia Linderman

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