A loan of $5,225 helped a member to buy merchandise such as rice, sugar, milk, and oil.

Los Perseverantes Group's story

A group of neighbors and friends for the community bank "Los Perseverantes" (The Persistent), from the Cusco district in the province of Cusco, in the department of Cusco. This community bank is formed of various people that are looking at every moment for opportunities to get ahead, and with their daily effort create a better future for their children.

Celia was born in the city of Cusco and is 54 years old. She is mother and father to her six children. She is a responsible person who works selling basic necessities such as rice, sugar, milk, oil, and other things. She works from 5:00 am until 10:00 pm or until the bread of the day runs out. She has worked in this business for three years and is doing very well. She also has a small restaurant where she makes breakfasts, lunches, and dinners. For this opportunity, she requires a loan in order to purchase merchandise, such as sacks of rice, sugar, boxes of milk, and drums of oil.

The other members work in the following ways: making sweaters, selling vegetables, selling cosmetics and others offer professional services. The members are thankful for the opportunity, and promise to pay their different payments per the established schedule. (The people who appear in the bottom part of the picture arrived late to the meeting).

In this group: Celia, Guillermina, Alejandrina, Jessica, Felix Fernando, Catalina, Yeni, Roberto, Bryam Javier, Wilfredo, Lourdes*, Alfredo, Roberto, Celia*
*not pictured

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Translated from Spanish by Kiva volunteer Daniel Lemon

Loan details

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Loan details