A loan of $3,050 helped a member working capital to buy supplies.

Grupo 15 Group's story

This communal bank is named "Grupo 15". It was founded on 17 September 2007 and is currently comprised of 13 members, of which 6 are women and 7 are men. The members are enterprising and very hard-working people, in spite of limitations they look after their families each day through their work. This bank is located in Cusco and within it the members find support and social help for their needs, for which they are thankful from the bottom of hearts.

The loan that the members will receive is appreciated very much and will allow 3 of the members to start up grocery stores (sugar, milk, flour, rice, etc.); 2 others to build houses; 2 members to open up a small cafeteria, 3 to buy parts and do maintenance on their public-transportation vehicles; 1 member to sell health products, 1 member needs a loan to be able to buy wood and make doors; and finally, 1 member needs the money for their children´s education. This last member does not appear in the photo for health reasons; he was in another city having his eyes operated on.

In this group: Violeta, Roberto , Celestina, Nauricio, Carlos Alberto, Rufina, Antonio, Roberto, Luis, Valentin, Mariluz, Soledad Rosalia, Marisol

Translated from Spanish by Kiva volunteer Molly Puglisi

Loan details

Lenders and lending teams

Loan details