A loan of $4,150 helped a member to buy tires for her car.

Nueva Esperanza Group's story

The members belong to the Nueva Esperanza communal bank. This bank is located in the district of Cusco, in Cusco province, Cusco department. Silvia is one member. She is single, 42, and has one son. She works in her transportation business. She has a car that carries cargo to different places. It carries various things like animals and fruits to other places. She has been in this business for seven years and it is going very well for her. Her dream is to expand her transportation business. She is asking for the loan to buy tires for her car. The member photos that are attached to the group photo were taken after the meeting because they excused themselves for work reasons. The woman whose face is covered with a circle is no longer a member of Nueva Esperanza communal bank. The other group members have a business selling food, a business selling animals, a grocery store, and a transportation business. Silvia is thankful to those who are part of this dream this way and promises to make her payments on time.

In this group: Silvia, Silverio, Carlos Cesar, Alejandro, Madeleyne, Nivardo, Carmen Rosa, Graciela, Yanet, Richard, Lucha, Wilber*
*not pictured

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Translated from Spanish by Kiva volunteer Caitlin Jones

Loan details

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Loan details