A loan of $4,525 helped a member invest in buying materials.


Santo Domingo Group's story

The members belong to the community bank "Santo Domingo"; The bank is located in the province of Urubamba, department of Cusco.

One of the members is Ricardo; he is 44, has a partner and two children ages 15 and four; the member sells crafts at a stand in the shopping center Inti Pakareq, he works at the stand from 9 a.m. to 8 p.m. with no break, the member works with beading and makes crafts in alpaca, jewelry strings, earrings and necklaces, as well as bracelets.

The member requests a loan to buy materials such as alpaca, thread, plyers, beads, stones and others.

The other members provide goods and services such as taxi, crafts, clothing, bookstore, groceries, one of them is a teacher and another one has a chicken restaurant.

The member values the loan and commits to make the payments according to the established repayment schedule.

In this group: Silvano Antoliano, Inga Flora , Beatriz , Jacinta, Lulia, Sumilda , Yolanda , Edith , Maritza , Cerapio , Ricardo , Edid , Rosario

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Translated from Spanish by Kiva volunteer Sofia Burt



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