Mountain Fund Develops Microenterprise In Peru "Aynikuy", in Quechua means to help each other or to cooperate. Aynikuy is also the name of The Mountain Fund's new micro-finance program in Peru. Why a micro-finance program in Peru? The typical salary in Peru (if you can get a job) is about $150 per month. Families cannot live on so small an income so many families have started very small businesses as street vendors, small libraries, hardware shops, grocery shops, etc. These entrepreneurs do not have easy access to needed capital to purchase inventory, or to expand and improve their businesses. Banks ask for collateral which people do not have, or charge interest rates that are too high. Who will benefit? Street vendors and small family businesses are the intended recipients of our micro-loans. These are family businesses where the mother and children work together either to supplement the household income, or in many cases, this is the only income the family has. On nearly every street corner in Cusco there is a vendor with a cart selling soda, chips, nuts and fruit. Each day these vendors struggle to find funds to stock their carts so they have something to sell. The families typically have 3 or 4 children to support. To learn more about this project, please visit the link below: http://www.mountainfund.org/html_site/members/Economic/Aynikuy.html Thank you!