A loan of $6,350 helped a member to buy stock, such as rice and milk, for her business.

Las Mercedes De Katañiray Group's story

The members are part of the communal bank “LAS MERCEDES DE KATAÑIRAY”. This bank is located in the district of Cusco, in the Cusco province, which is in the Cusco region.

The member is Ortencia. She is 52 years old and has a partner. She has one child. She divides her time between her daily activities and her grocery store. She sells different types of products, including rice, sugar, sweets, soft drinks, etc. She has been running this business for many years and it is going well thanks to the hard work she puts in every day. She works in her business Monday to Sunday, from 06:00am to 09:00pm approximately, although her schedule can change depending on what is going on during the day. She also sells beauty products, such as creams, perfumes, colognes, etc. She does this work on an independent basis, selling to friends, family and customers. In this way she can make a better life for her family. She is a responsible and hardworking person who wants her family to do well.

This member is requesting a loan to buy stock, such as rice and milk, for her business.

The other members work in the restaurant business, rearing small animals, taxi service, mechanic services, silverwork, rearing livestock and pharmacy business.

The people in the smaller photo are members who asked permission to arrive late at the meeting because of work commitments.

Ortencia is grateful to those who are sharing her dream in this way. She is committed to making the payments according to the schedule.

In this group: Habran, Yesica, Cesar Augusto, Juan Hernan, Richard Ernesto, Marleni*, Sergio Rene, Zonia, Ortencia, Willy, Erik Geronimo, Elizabeth, Donato*
*not pictured

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Translated from Spanish by Kiva volunteer Suzanne Carey

Loan details

Lenders and lending teams

Loan details