Fe Y Alegria De Huancalle Group


Status: Paying Back

$3,525.00   Loan Amount
30% repaid

About the Group

(For privacy reasons, the Field Partner has requested that last names be undisclosed)
Group Name: Fe Y Alegria De Huancalle Group
Group Members: VICTORIA
CELESTINO
SEGUNDINA
CIPRIANA
MARIA LUZ
PLACIDA
BRAULIO (not pictured)
ALEJANDRINA
MARGARITA
ANTERO
DAN SENNIS
Location: Calca, Calca, Peru
Activity: Retail

About the Loan

Loan Amount: $3,525.00
Loan Use: Working capital/Capital de trabajo.
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 1, 2009
Date Disbursed: Aug 13, 2009
Date Funded:Sep 21, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9400 PEN = 1 USD



There are eleven members that make up the community group “FE Y ALEGRÍA DE HUANCALLE” ('The Faith and Happiness of Huancalle'), and they live in the community of Huancalle which is located in the district of Taray, in the province of Calca, in the city of Cusco.


Our members alternate their home commitments with agriculture, the rearing of young animals for sale, and handcrafts. They are all located in the sacred valley of the Inkas and they take advantage of this to set up their handcraft stalls at the viewpoint in Taray from where there is a beautiful view of the sacred valley of the Inkas and the clear mountains and the snow-covered mountains. It is at this point that all the visitors of the city of Cusco make an obligatory stop to take photos and take the opportunity to buy some souvenirs made out of fine clay. Our members would like credit to be able to buy materials, rent ovens to dry the clay, as well as buying more souvenirs by bulk to sell them.


Our members are grateful for and value these loans, and at the same time promise to meet the repayments at the appointed time.



Translated from Spanish by Liz Harvey, Kiva Volunteer


Los socios son 11 miembros conformando el banco comunal “FE Y ALEGRÍA DE HUANCALLE”, ellos viven en la comunidad de Huancalle, ubicado en el distrito de Taray en la Provincia de Calca en la ciudad de Cusco.

Nuestros socios alternan sus diferentes actividades tanto del hogar como la agricultura y la crianza de animales menores para su venta, con la artesanía, ellos están ubicados en el primer acceso al valle sagrado de los Inkas y aprovechan esto, para instalar sus artesanías en el mirador de Taray, desde ahí se aprecia una bellísima vista hacia parte del valle sagrado de los inkas y las montañas vistosas y algunos nevados, en este punto los visitantes a la ciudad del Cusco hacen una parada obligada para tomarse algunas fotos y aprovechar a comprar algunos recuerdos en arcilla fina. Nuestros socios solicitan el crédito para poder comprar materiales, alquilar el horno para coser la arcilla, también muchos para comprar mas souvenirs al por mayor y venderlos.

Nuestros socios agradecen y valoran el préstamo otorgado y así mismo se comprometen a cumplir con el pago de sus cuotas en el plazo 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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Anonymous

Buchanan Family
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Laurent D
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Tim and Tina
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Mary and Matt
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Jeff
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Anonymous
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William
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Keith
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jjrv
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Julie
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Janas and Sigute
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Terry
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Jessica
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inFlow Inventory
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Heather
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Diana
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Angelina
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Richard
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Astrid
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Jennifer
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TomD
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Mickey
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SCHC
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Jillian
Vence,
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Bert-Ake
Hasselby, Sweden
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Anne-Marie
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Karen
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bruno
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Stephanie
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Hilary
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Evan
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Anonymous
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Jason
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Elizabeth
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Paul
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Ben
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Stone Road
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Journal entries for Fe Y Alegria De Huancalle Group


Loan has been disbursed
 
Entrepreneur: Fe Y Alegria De Huancalle Group
Location: Calca, Calca, Peru

Thank you for your loan. It has been disbursed to Fe Y Alegria De Huancalle Group, consisting of VICTORIA , CELESTINO, SEGUNDINA, CIPRIANA, MARIA LUZ, PLACIDA, BRAULIO, ALEJANDRINA, MARGARITA, ANTERO, DAN SENNIS by Asociación Arariwa in Peru. We are excited to watch this business grow. Over the 4 months of this loan, Asociación Arariwa will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Calca, Calca, Peru
Sep 22, 2009
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Kiva Help Repayment Schedule for Fe Y Alegria De Huancalle Group

  Expected Repayments Actual Repayments Comments
November 2009 $650.81 $531.48 Repayment Received
December 2009 $676.84 $552.74  
January 2010 $703.92 Available Jan 1  
February 2010 $732.07 Available Feb 1  
March 2010 $761.36 Available Mar 1