Funded

Total loan: $6,300
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Virgen De Las Nieves Group

Peru
Cusco, Peru / Grocery Store

A loan of $6,300 helped a member to buy merchandise like sacks of sugar, sacks of rice, cases of noodles, and jugs of milk, among others.


Virgen De Las Nieves Group's story

Ilda, age 46, is a widow with three children. She is from the Cusco province in the Cusco department. She is an enterprising and responsible woman who gets her family ahead.

She sells basic needs products like rice, sugar, milk, noodles, shampoo, bread, and soft drinks, among others. She has been doing this work for several years, and it is going very well for her. Ilda needs a loan at this time in order to buy merchandise like sacks of sugar, sacks of rice, cases of noodles, and jugs of milk, among others.

This group is comprised of neighbors and friends who make up the Virgen de la Nieves communal bank in the Cusco province of the Cusco department. This communal bank is comprised of people who are always looking for opportunities to get ahead. They put forth daily effort in order to give their children a better future. The members are grateful for the opportunity given to them, and they pledge to make their different payments punctually. (The members who appear in the lower part of the photograph arrived late to the meeting.)

Cusco is located in the district, province, and department of Cusco in the heart of the ancient Inca city. It is characterized as a tourist zone because of its archaeological centers, its historical center, its scenery, its history and for being a charming city in the southern region of the country. Cusco is also known for its traditional festival "Inti Raymi" and because it has one of the seven wonders of the world, Machu Picchu.

In this group: Ilda*, Rocio, Maria Elena, Magdalena , Yovana, Juana, Juana Vilma , Julissa, Ronald, Julio Cesar
*not pictured

Translated from Spanish by Kiva volunteer Ginny Kalish



Loan details

Loan length:

6 months
Disbursed date: August 17, 2012
Facilitated by Field Partner: Asociación Arariwa

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: August 17, 2012
Facilitated by Field Partner: Asociación Arariwa