A loan of $2,975 helped a member to buy spare parts such as pistons, fuel injectors, oil, grease, radiators, and engines, among others.


Manuel Prado Group's story

Pedro was born in the city of Cusco, in the department of Cusco. He currently lives in the same city where he was born.

Pedro is 40 years old and married. From this beautiful relationship he has one son. He is a hardworking father who provides for his son. He is a mechanic and has a small workshop where he serves his clients. He has had this business for two years, and it is going very well thanks to the effort that he puts into the business.

Pedro belongs to the "Manuel Prado" communal bank. On this occasion, he needs this loan to buy spare parts such as pistons, fuel injectors, oil, grease, radiators, and engines, among other parts.

The communal bank's members have meetings every thirty days in the city of Cusco. The communal bank is made up of hardworking, enterprising people who constantly search for opportunities to get ahead and to give a better future to their children through their efforts. The majority of the members live in the city of Cusco. The business activities of the other members include selling school supplies, selling clothing, and selling groceries. The other members work as administrative assistants, clothes makers, and teachers.

Cusco is known for being a very touristic and commercial area, as well as for its traditional Inti Raymi festival. One of the Seven Wonders of the World, Machu Picchu, is also located here.

In this group: Maribel, Yony Amparo, Guisela, Maria Ruth, Edgar, Carmen Rosa, Pedro, Diana Iboska, Jeneth

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Translated from Spanish by Kiva volunteer Amy Volz



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