Total loan: $4,275
Señor Del Cautivo Group
Urubamba - Urubamba - Cusco, Cusco, Peru / Construction
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Señor Del Cautivo Group's loan finished fundraising,
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A loan helped to maintain his machinery and to buy firewood.
Señor Del Cautivo Group's story
A group of neighbors and friends formed the communal bank “Señor del Cautivo” in the district and province of Urubamba. The communal bank formed four years ago and is well organized. This communal bank is made up of fifteen people who are searching each opportunity in order to get ahead and with their daily efforts to provide a better future for their children. The economic activities of the members are, for example, selling crafts, plaster, wood, corn liquor, vegetables, flowers, and fruits, and others offer their services, for example, as masons or construction workers. Mr. Fortunato is raising his hand in the photograph. Mr. Fortunato was born in the district of Maras in the province of Urubamba and lives where he was born. He is 40 years old, married and from this beautiful relationship he has four children. Fortunato’s main economic activity is making plaster. He has a little workshop at home where he makes the plaster, which supplements his work as a mason. At this time the borrower Fortunato is requesting a loan in order to maintain his machinery and also to buy firewood. Fortunato’s dream is to buy a car in order to transport his merchandise to different cities. The borrowers across-the-board appreciate the opportunity offered and they promise to make the various payments on time as agreed.