Total loan: $3,650
La Amistad Group
CUSCO, Cusco, Peru / Retail
La Amistad Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped Public Transportation, handicrafts, clothes and other activities.
La Amistad Group's story
The community bank "La Amistad", is formed by 14 members, from Cusco. The bank is located at the principal location of the organization of banks ARARIWA. The members work on different activities, most of them work on public transportation that cover all the city of Cusco, this is why they request the loan because they need to buy car insurance for each vehicle, other members need the loan to buy paint and clay to create handicrafts. One of them has a dream of some day be able to rent a place at the central market in Cusco to sell his handicrafts, other members sell clothes that they bring from Bolivia, another member has a small restaurant and request the loan for her business. The members value and are thankful for the loan and commit to pay their debt on the time determined.
Translated from Spanish by Nina Delgado, Kiva Volunteer