A loan of $3,650 helped a member to buy cell phone accessories such as headphones, chargers, etc.

Real Group's story

The Real communal bank has been active for 12 loan cycles (each lasting 4 months), thus the group has been together for 4 years. The group is comprised of friendly, personable people. The Real communal bank holds meetings every thirty days in the central office of the Arariwa Association, in the city of Cusco. The majority of the members live in different districts of Cusco, which is one of the most visited cities in the country.

Cusco features endless nearby tourist attractions that the entire world has grown to love. One of the major attractions is Sacsayhuamán, which is made of rock walls that are 300 meters long, almost 5 meters high and weigh 350 tons. The Real communal bank members feel very proud to live in the city of Cusco and they take advantage of opportunities to make a living and with daily effort, to give a better future to their children.

An example of the type of work some of the members do is; cosmetic sales, fuel sales, traditional craft sales, clothing, shoes, cell phone accessories among other services.

One member, Tula, was born in Cusco and is 40 years old. Currently, she lives with her husband and three children in Cusco. Primarily, Tula works selling cell phone accessories, such as chargers, among other items. She works on Saturdays in the “Baratillo” market in Cusco.

At this time, Tula is requesting the loan, like her fellow group members, to increase her business capital. Specifically, Tula plans buy headphones, chargers etc. The members who do not appear in the photo were granted permission to be absent from the meeting. The two members who appear in the small photo asked for permission to be absent from the group meeting and that is why the picture was taken of them at a different moment.

In this group: Carla Veronica, Mercedes Frine, Angela, Ramiro, Carlos David, Kety Yovana, Juana*, Tula, Deyssi Barinea, Herbert, Vilma, Julio Rildo*, Marisol, Paulina
*not pictured

Translated from Spanish by Kiva volunteer Tyson Shelley

Loan details

Lenders and lending teams

Loan details