Camino Al Exito Group


Status: Paying Back

$3,575.00   Loan Amount
23% repaid

About the Group

(For privacy reasons, the Field Partner has requested that last names be undisclosed)
Group Name: Camino Al Exito Group
Group Members: JUSTINO
RONEL
DOMINGA NIEVES
MELCHORA
LUCY HERMELINDA
ZENAIDA DELCY
MORAIMA
JAQUELINE
EDSON
WALTER
MARITZA
RUTH MARLENY
MELCHORA
VANESA
Location: Cusco, Peru
Activity: Retail

About the Loan

Loan Amount: $3,575.00
Loan Use: Capital de trabajo.
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 2, 2009
Date Disbursed: Sep 30, 2009
Date Funded:Oct 26, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.8900 PEN = 1 USD



Nuestros socios, pertenecen al banco comunal “CAMINO AL ÉXITO”, viven el la ciudad del Cusco, la mayoría de ellos comparte un stand en su centro de trabajo, y tiene actividades similares.

Nuestros socios alternan sus diversas actividades con el comercio minorista, una gran parte se dedica a la venta de artesanías, otros socios tiene un carro que hace el servicio de taxi, y en número mayor las socias de este banco se dedican a la venta de juguetes, ropas, bisuterías, todas traídas de la ciudad de Tacna; otras 2 tiene su tienda de abarrotes, uno de ellos tiene su depósito de cervezas y un carro que hace servicio de transporte de Tacna Cusco y viceversa. Los socios solicitan el préstamo para que lo utilicen como capital de trabajo y de esta manera incrementar sus productos y aumentar sus ventas, para dar mejor calidad de vida a sus familias.

Los socios valoran y agradecen el préstamo otorgado mediante este medio 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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Journal entries for Camino Al Exito Group


Loan has been disbursed
 
Entrepreneur: Camino Al Exito Group
Location: Cusco, Peru

Thank you for your loan. It has been disbursed to Camino Al Exito Group, consisting of JUSTINO, RONEL, DOMINGA NIEVES, MELCHORA, LUCY HERMELINDA, ZENAIDA DELCY, MORAIMA, JAQUELINE, EDSON, WALTER , MARITZA, RUTH MARLENY, MELCHORA, VANESA by Asociación Arariwa in Peru. We are excited to watch this business grow. Over the 3 months of this loan, Asociación Arariwa will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Cusco, Peru
Oct 27, 2009
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Kiva Help Repayment Schedule for Camino Al Exito Group

  Expected Repayments Actual Repayments Comments
December 2009 $841.87 $842.74 Repayment Received
January 2010 $875.56 Available Jan 1  
February 2010 $910.57 Available Feb 1  
March 2010 $947.00 Available Mar 1