Tuesday, March 25, 2008

Helping out a communal bank in Peru

Made a Kiva loan today to a group in Peru (with a Julia).

The Communal Bank Paycasa is a bank that was established approximately 7 years ago. At the present time it has 15 cycles and 21 members. The members of the communal bank are from the Pacaycasa district , which is located 30 minutes away from the city of Ayacucho. The members of the bank note that thanks to this institution they have learned to save, to be responsible and punctual.

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