A loan of $5,050 helped a member to buy guinea pigs for his business.

Liderando Las Palmeras Group's story

Héctor Gustavo belongs to the communal bank LIDERANDO LAS PALMERAS, located in the province and department of Cusco. Héctor Gustavo is 33 years old and single. He spends his time daily caring for small animals such as guinea pigs. He has been working at this business for some time, which works out well for him thanks to the hard work he puts in each day. At the same time he works in a private institution.

Héctor wants to continue working in this way to get ahead. This loan is part of one of the lines of credit of the Asociación Arariwa called "Credi Yapa." This line of credit is granted to borrowers with a good credit history, and this is a group which has those characteristics. The member asks for this loan to buy guinea pigs for his business. He is grateful for the loan and promises to make his payments on time. The other members work in farming, hotels, restaurants, transportation and tourism. The woman whose picture is inserted at the bottom asked to arrive at the meeting late because of her work hours.

In this group: Gloria Balvina, Fanny Flor, Maria Cecilia, Nicolasa*, Yenny Edelmira*, Nancy Estamilda, Lida, Mariza, Eliana Felicia, Silvia Marleni, Dolores*, Esther, Hector Gustavo, Norma, Ana Maria, Guadalupe
*not pictured

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Translated from Spanish by Kiva volunteer Linda Heatherly

Loan details

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Loan details