A loan of $5,975 helped a member to do maintenance on a car, hoping to buy pistons, lubricants, and other items.

Panty Tikas De Huayllabamba Group's story

A group of friends and neighbors formed the communal bank “Panty Tikas De Huayllabamba” in the community of Huayllabamba, district of Huancarani in the province of Paucartambo of the 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, the creation of wooden furniture, craft sales, grocery sales, sales of chicha (a traditional corn beverage) and beer, raising small animals, and other activities.

Francisco lives in the community of Huayllabamba, and that is where he does his different types of work. He is married, and the result of this beautiful relationship has been four children. He is both a mason and a taxi driver. It has been several years since he began this business, and it is going very well for him, thanks to the effort he puts into his work. His wife works in buying and selling dry goods and in this way, she helps out the whole family. Thus, Francisco needs a loan to do maintenance on the car, as he wants to buy pistons, grease, and other items.

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 at the bottom of the photo arrived late to the meeting of the communal bank.)

In this group: Francisco, Lucia, Leona, Lourdes, Presentacion*, Juana, Juana, Dolores, Raul, Tadea, Natividad, Lali Cristina, Irma*
*not pictured

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Translated from Spanish by Kiva volunteer Elizabeth Mount

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