A loan of $6,425 helped a member to buy lubricants and additives.

Mamacha Rosario - Huancarani Group's story

A group of friends and neighbors form the body of the communal bank “Mamacha Rosario” in the district of Huancarani in the province of Paucartambo and department of Cusco. This communal bank is made up of people who are searching continuously for opportunities to get ahead, and to bring a better future to their children through their daily efforts. The primary business activities of the members are, for example: food sales, creation of wooden furniture, sales of crafts, a grocery store, fuel sales, beer and chicha (a fermented corn drink) sales, farming of small domesticated animals, and much more.

Victoria remains a member of the communal bank and her primary economic success has been in the sales of fuels like gasoline and oil. She continues to run a shop where she sells fuels and lubricants, but she also does agricultural work and grows potatoes and barley. She buys fuels from one of the outlets near the city of Huancarani. IT has now been several years since she began this business, and it is going very well for her, thanks to the effort she puts into her work. At this time, Victoria is in need of a loan to buy lubricants and additives. The members as a whole are thankful for the opportunity that has been offered and promise to make payments of each of their different loans on schedule as arranged. (The people who appear on the left-hand side of the photo arrived late to the meeting of the communal banking group.)

In this group: Victoria, Claudio, Efrain, Porfirio, Felicitas, Asciencia*, Alejandrina, Celia, Maura, Virginia, Juan, Antolin*, Margara, Olivir
*not pictured

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Translated from Spanish by Kiva volunteer Elizabeth Mount

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