A loan of $5,900 helped a member to buy gold leaf frames, plain wood frames, canvas stretchers, and oil paint.

Kukuli Group's story

The communal bank Kukuli, from UMF Asociación Arariwa, was founded by a group of friends and neighbors. This communal bank has been in operation for 24 cycles (each cycle is four months) and is well administrated by its governing board.

Rita was born in the city of Cusco. She is 38 years old and married, and has four children from her marriage. Rita lives with her children in her own home, which is connected to all the basic utilities (water, electricity, and sewer) in the city and department of Cusco. This area is known for its trade business and tourism. Rita is a homemaker, but she alternates housework with craftmaking. She and her husband have a painting studio at home. They have been in this business for fifteen years already and it is going very well for them thanks to the dedication they put into their work.

Rita is requesting a loan from Asociación Arariwa to buy materials, such as gold leaf frames, plain wood frames, canvas stretchers, and oil paint. She will cover the loan payments with the income obtained from selling her products. Rita is very well known for being a hardworking and responsible woman and a good mother who wants to give her children a better future and improve her family's quality of life. Rita's dream is to open a store in downtown Cusco.

(The individuals shown in the bottom of the photo arrived after the meeting).

In this group: Ruth, Emilia Elizabeth*, Hermenegilda, Rita, Maria Virginia, Angela Maria, Valerka, Ruth Mery, Cristina, Marco Antonio, Hilda Bertha, Agustin*
*not pictured

Translated from Spanish by Kiva volunteer Mariana Sanchis

Loan details

Lenders and lending teams

Loan details