A loan of $1,650 helped a member the members of the community bank will use the surplus from the purchase and sale of small animals like guinea pigs, poultry, pigs.

Renacer Ayarmaca Group's story

The village bank "AYARMACA", which was founded in February 2008, is currently in its second cycle. It is comprised of 14 members, 11 women and 3 men, and bears the name of the community AYARMACA.

The Ayarmaca community is located in the province of Urubamba, in the Chinchero district of the Dept. of Cusco, which is located 45 minutes from the city of Cusco, by way of unpaved road.

The members are rural women, who engage in the breeding and trade of young animals like guinea pigs, chickens, and pigs. They buy them at town fairs (for example, guinea pigs cost S/8.00 and sell them in the city of Cusco for S/.12.00).

The loan is a service that they value because it allows them to increase capital and creates greater possibilities of regulating cash flow from the family unit. They value the minimum requirements, the delivery and the repayment of the loan in their community. As in most cases, the valuation of savings is very important.

In this group: Braulia, Gloria, Maximiliana, Bertha, Maria, Olimpia, Rolando, Sonia, Maria Isabel, Maria, Ceferino, Feliciana, Alejandrina, Demetrio

Translated from Spanish by Kiva volunteer Larissa Kravanja

Loan details

Lenders and lending teams

Loan details