A loan of $5,950 helped a member to buy seeds and to hire land to grow crops.

Mamacha Del Carmen-Vilcabamba Group's story

Made up of a group of neighbours and friends, the "Mamacha del Carmen" communal bank is in the Vilcabamba community. (Vilcabamba is in the district of Caicay in the Paucartamba province of the department of Cusco): This communal bank is made up of various members who are always looking for opportunities to move forward and to provide a better future for their children. The members work in agriculture, artisan crafts, selling food, cattle raising, raising young animals and other activities.

Segundina (with her hand raised in the photo) is 23 years old and has one son. She is responsible and friendly and is helping her family to prosper. Segundina was born in Pitucancha but is now living in Vilcabamba where she works in agriculture. However, she must rent land in order to grow her corn. Segundina is responsible and her friends had no hesitations when they invited her to join the communal bank. On this occasion, Segundina needs a loan to buy seeds and to rent land for growing her crops. The whole group is grateful for the opportunity being provided and promises to make their repayments on time.

In this group: Maria Dolores, Goya, Elza, Valentin*, Julia, Gregoria, Saturnina, Dorotea, Segundina, Antonia, Romulo, Andres*, Javier, Fernando
*not pictured

Translated from Spanish by Kiva volunteer Iain Gaw

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