Resplandor Group

The Communal Bank Resplandor (Brightness) started its first cycle with ten members, many of whom were invited as the reason for starting this new communal bank. The members have different businesses such as the sale of seasonings, meals, meat, food, general groceries, clothes, and small animals.

The members need loans of differing amounts such as 300 PEN, 600 PEN, 450 PEN, making a total loan of 3,750 PEN from the communal bank. The loans will be invested in the purchase of rice, pasta, candy, chickens, vegetable stew, clothes, and meat.

The members dream of having their own business location, improving their businesses, and that their children become professionals.

Translated from Spanish by William Gray, Kiva Volunteer

El Banco Comunal Resplandor inicia su primer ciclo con 10 socias, muchas de las socias fueron invitadas por la promotora para integrar este nuevo banco Comunal..

Las socias realizan diferentes negocios como la venta de condimentos, comidas, carne, comida, abarrotes en general, ropa, animales menores.


Las socias necesitan diferentes montos de prestamos como 300 soles, 600 soles, 450 soles, haciendo un total de 3,750 soles de prestamos en el Banco Comunal.

Sus prestamos serán invertidos en la compra de arroz, fideo, golosinas, pollos, menestras, ropa y carne.

Los sueños de las socias son tener un local propio, mejorar sus negocios, sus hijos sean profesionales.



About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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