A loan of $3,975 helped a member buy more products like food, cosmetics, handicrafts, and many other things- The members who provide services need the loan for family expenses or to open a small business.


Amistad Milagrosa Group's story

Our members belong to the Amistad Milagrosa Communal Bank; there are 11 members. They live in the city of Cusco in the Cusco department. The members meet every 30 days in Ruth’s house, as can be seen in the video. Gorki is the president of the communal bank, and he is giving Christmas and New Year’s greetings to his colleagues.

Some of our members have small businesses. For example, Martha has a grocery store, Margarita sells handicrafts, Celia sells cosmetics, Marina sells juice, and Elvis sells humorous items.

The rest of the members offer services or are employees in private institutions. For example, Alva is an employee in the Monasterio Hotel, Reyna Milagros is a teacher in a music academy, Aura is a sales supervisor, and José Gorki is a teacher at the San Francisco de Borja School.

The members who have businesses need the loan to buy more products like food, cosmetics, handicrafts, and many other things. The members who offer services need the loan for family expenses or to open a small business.

Our member, Ruth, is 49, married, and has three children. She has a small café in the main plaza in the Santiago district in the city of Cusco. She has been in the business for various years, and it has gone very well for her thanks to the effort she puts into her work. Our member, Ruth, needs the loan to buy products like pastries, sweets, and soft drinks for her store.

The members are grateful for and value the loan, and they promise to pay it on time.

In this group: Alba Zoraida, Jose Gorki, Aura Solana, Marina, Rene, Reyna Milagro, Celia, Elvis, Margarita Amelia, Ruth, Martha

Translated from Spanish by Kiva volunteer Ginny Kalish



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