A loan of $3,825 helped a member corrugated roof panels.

Los Lideres Group's story

The Los Lideres Communal Bank is currently in its 2nd loan cycle. The group meetings take place once a month insiD. Asociación Arariwa's central office. This group is comprised of 14 hardworking and enterprising people who are looking for opportunities to get ahead at every moment, struggling on a daily basis to proviD. their children with a better future. The members of this group live in the city of Cusco, a place that is well known for its archaeological centers, its history, and its landscapes, which makes it an enchanting city in the southern region of the country.

The members are involved in plaster and tile sales, fast food sales, general stores, vegetable sales, and clothing and footwear sales. The other members offer transportation services, home construction, and carpentry. This group has been in existence for several loan cycles. The group members state that they are happy and satisfied with the microfinance institute's loans, savings, and training. One of the positive aspects of this bank is the chance for savings and for turning a profit.

Fidelia is a member of the Los Lideres Communal Bank. She is 38 years old and lives in the city of Cusco. She has three children (2 sons and a daughter). Fidelia makes and sells wooden furniture for a living. She and her husband have a small workshop in their home. She states that they sell their furniture at the El Molino II market every Saturday, and at the San Sebastián market every Sunday. They have been in business for 10 years and have been prosperous. Fidelia needs a loan for her house. She would like to purchase corrugated roof panels for the area of her house that lacks a roof. Her greatest wish is to have her own store to sell her products.

All the group members in general are grateful for the opportunity to receive a loan, and they are committed to making their repayments according to their pre-established installments.

In this group: Violeta, Maria, Roberto, Celestina, Mauricio, Rufina, Fidelia, Gabriel, Luis Gadwin, Valentin, Marisol, Vidal Olive, Ciro*, Rebeca
*not pictured

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Translated from Spanish by Kiva volunteer Elizabeth Casian

Loan details

Lenders and lending teams

Loan details