A loan of $6,500 helped a member to buy more small animals like guinea pigs and chickens.

Chaska Group's story

Several years ago a group of settlers in the Ninamarca community formed the “Chaska” communal bank in the Paucartambo province. In this community there is no industry or commerce, and there are no banks. However, there are large pieces of agricultural land where the people grow potatoes and corn and raise their animals. Most of the people there work in agriculture and with livestock.

Hilaria, age 28, was born in the village of Accha, but she lives in the Ninamarca community. She is married, and they have three children. She is a responsible and kind person who gets ahead. Her main business activity is raising small animals like guinea pigs, chickens, and pigs. She also works in agriculture. She has various pieces of land where she grows potatoes, barley, wheat, and beans.

She now needs a loan to buy more small animals like guinea pigs and chickens in order to increase her business capital. (Hilaria is raising her hand in the photograph).

The members are grateful for the opportunity provided, and they pledge to make their different payments on time. (The member in the inset photograph asked permission from the board of directors of the communal bank to not be present at the meeting).

(The town of Ninamarca is in the Paucartambo province, Cusco department, Peru.)

In this group: Martin, Dominga, Magdalena, Hilaria, Juana, Mario, Francisco Solano, Serafina, Eduardo, Aquiles*
*not pictured

Translated from Spanish by Kiva volunteer Ginny Kalish

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