A loan of $2,625 helped a member purchase raw materials for artesanal activities,clothes to sell and general school materials.


Qorimakis Group's story

This bank is called "QORIMAKIS", a Quechuan name, which etymologically speaking, comes from "Gold" (Qori) and Hands (Makis): so the name translates as "Golden Hands". This group consists of 13 members, from the southern area of the town of Cusco. The members work in different areas. Four are artisans working with clay, wood, leather and other materials. Another three members are retail merchants who buy and sell potatoes in the central market. Another two members work buying clothes wholesale in the capital and bringing them to Cusco to sell. Another two members have a small stationary shop and buy school equipment to sell in their area: in two more weeks' time the school term will start in Peru's different schools.

The small businesses in which these members have invested provide the money to pay school fees and other personal expenses. The members are very grateful for the support lent through this means and promise to promptly repay the entire loan within the agreed time.

In this group: Carmen Ruth, Sonia Patricia, Dominga, Edgar, Ines, Roxana, Reyna, Maria Luisa, Rocio, Alain Dick, Clever Ronald, Jose Arturo, Jose Jose

Translated from Spanish by Kiva volunteer katy long



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