A loan of $2,975 helped a member to buy merchandise for her business, such as rice and milk.

Kaypacha Group's story

These individuals belong to the communal bank "Kaypacha." This bank is located in the Cusco district, which is part of the province and department of Cusco.

Josefina lives with a partner and is 46 years old. She has 6 children. She alternates her daily activities with her work in her grocery store business. She sells a variety of products, such as rice, sugar, milk, candy, soft drinks, and other items. She has worked for years in this business, and it is going well thanks to the effort she puts into her work each day. She works every day from 6am until about 9pm; her schedule can vary according to her other daily activities.

Josefina is a responsible and hardworking person, as this is how she gets ahead with her family. She is requesting a loan to buy merchandise such as rice and milk for her business.

The person in the picture whose face is covered is not a member of this communal bank. The other members of the group have a variety of businesses including: a chocolate store, cell phone repairs, a grocery store, a dressmaking shop, flower sales, beauty products, and the sale of construction materials.

Josefina thanks those who are helping her realize her dreams through this loan. She promises to make her payments according to the established schedule.

In this group: Alicia, Margarita, Doris Raquel, Josefina, Olger, Blanca Doris, Rocio, Pedro*, Carlos Gustavo, Denis Wenceslao*
*not pictured

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Translated from Spanish by Kiva volunteer Lisa Grobar

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Loan details