Santo Domingo Group
Status: Paid Back
| $4,275.00 | Loan Request | |
|---|---|---|
| $4,275.00 | Paid Back |
About the Group
(For privacy reasons, the Field Partner has requested that last names be undisclosed)| Group Name: | Santo Domingo Group |
|---|---|
| Group Members: |
ROSA LUZ INGA NATIVIDAD EUFEMIA SILVANO ANTOLIANO INGA FLORA ELIZABETH BEATRIZ JACINTA CELIA FAUSTINO RUBEN OSWALDO (not pictured) LULIA SUMILDA YOLANDA LIDIA VALERIA |
| Location: | Urubamba, Peru |
| Activity: | Retail |
About the Loan
| Loan Amount: | $4,275.00 |
|---|---|
| Loan Use: | Improve different businesses. |
| Repayment Term: | 6 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 1, 2009 |
| Date Disbursed: | Jun 22, 2009 |
| Date Funded: | Jul 17, 2009 |
| Loan Ended: | Nov 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Asociación Arariwa |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 14 months |
| Kiva Entrepreneurs: | 1957 |
| Total Loans: | $534,600 |
| Delinquency Rate: | 0.47% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Peru |
|---|---|
| Avg Annual Income: | $6,715.00 |
| Currency: | Peru Nuevos Soles (PEN) |
| Exchange Rate: | 3.0550 PEN = 1 USD |
There are 16 partners of the bank "SANTO DOMINGO" and they all live in the sacred valley of the Inkas, in Urubamba, 1 hour by car from the town of Cusco.
Los socios del banco “SANTO DOMINGO”, ellos son 16 socios, y todos residen en el valle sagrado de los inkas, en Urubamba, ubicado a 1 hora en auto, desde la ciudad del Cusco.
Nuestros socios se dedican al comercio minorista, ellos alternan sus actividades del hogar, una socia vende comidas en la plazoleta de serrachayoc, otra socia tiene un restaurant pollería y desea implementar mejor su negocio, otra socia tiene un video pub y ella quiere comprar más vasos, bebidas y música, otros socios tiene restaurant, tienda de abarrotes, venta de videos, venta de comidas al paso, todos ellos ubicados en la provincia de Urubamba, para lo cuál requieren el préstamo para poder implementar sus diferentes negocios pequeños.
Los socios se encuentran muy agradecidos y ratifican su compromiso de cumplir con el pago total de sus deudas en el tiempo establecido.
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more
Our partners work as retail dealers which they alternate with their chores. One partner sells food at the plaza of Serrachayoc, another one has a chicken restaurant and wishes to improve her business, another one has a video pub and wishes to buy more glasses, beverages, and music, other partners have restaurant, general store, video sale, food sale. They are all located in the province of Urubamba, and they all require the loan to be able to improve their different small businesses.
The partners are very thankful and state their commitment to repay the total of their debts punctually.
Translated from Spanish by Lene Struck Christensen, Kiva Volunteer
Los socios del banco “SANTO DOMINGO”, ellos son 16 socios, y todos residen en el valle sagrado de los inkas, en Urubamba, ubicado a 1 hora en auto, desde la ciudad del Cusco.
Nuestros socios se dedican al comercio minorista, ellos alternan sus actividades del hogar, una socia vende comidas en la plazoleta de serrachayoc, otra socia tiene un restaurant pollería y desea implementar mejor su negocio, otra socia tiene un video pub y ella quiere comprar más vasos, bebidas y música, otros socios tiene restaurant, tienda de abarrotes, venta de videos, venta de comidas al paso, todos ellos ubicados en la provincia de Urubamba, para lo cuál requieren el préstamo para poder implementar sus diferentes negocios pequeños.
Los socios se encuentran muy agradecidos y ratifican su compromiso de cumplir con el pago total de sus deudas en el tiempo establecido.
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more
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Journal entries for Santo Domingo Group
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Loan has been disbursed
Location: Urubamba, Peru
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Posted by
from Urubamba, Peru
Jul 18, 2009 |
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Comment on this entry
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Repayment Schedule for Santo Domingo Group
Repayment Schedule for Santo Domingo Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| September 2009 | $1,006.71 | $1,006.71 |  Repayment Received
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| October 2009 | $1,046.99 | $1,049.13 | Repayment Received
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| November 2009 | $1,088.87 | $1,090.00 | Repayment Received
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| December 2009 | $1,132.43 | $1,129.16 | Repayment Received
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