San Juan De Orcasitas Group

San Juan de Orcasitas Bank has started its third cycle with eighteen partners, all of whom are from the community in the area of San Juan de Orcasitas – thirty minutes form the city Ayacucho.

The partners are involved in different businesses, like selling food, cosmetics, sweets, drinks, replacement auto parts, groceries, and making bricks.

In Agustina’s case, she is married, forty-two years old, and has a son. Agustina sells food, and beverages at a playground called Orcasitas Valley, and also at the local pool and a sports field. Agustina also buys and sells tara, a product from a kind of tree in Perú.

While Cirila is married, thirty-nine years old, and the mother of three children, she purchases tara from different communities and then sells it between her suppliers. In addition, Cirila buys prickly pear when it is in season and transports it to Lima to sell it.

The partners need loans of different sizes, like S/.300, S/.450, S/.600, S/.900, and totaling at S/.9,450 worth of loans from the communal bank.

Their loans will be used to buy prickly pears, tara, guinea pigs, chickens, young pigs, sugar, rice, noodles, and oil, and to pay employees.

These small businesspeople dream of improving their businesses, having their own financial resource, raising their children with a good education, and working to stay afloat.

Translated from Spanish by Hannah Lily, Kiva Volunteer

El Banco San Juan de Orcasitas inicia su tercer ciclo con 18 socias, las socias son de la comunidad de San Juan de Orcasitas que se ubica a 30 minutos de la ciudad de Ayacucho.

Las socias realizan diferentes negocios como la venta de comidas, cosméticos, golosinas, bebidas, repuestos, abarrotes en general y fabricación de ladrillos.

Como es el caso de Agustina que es casada, tiene 42 años y 1 hijo, Agustina tiene un recreo llamado Valle Orcasitas en donde vende comida, bebidas, además su local cuenta con piscina y campo deportivo. Además Agustina se dedica a la compra y venta de tara.

Mientras que Cirila es casada, tiene 39 años y 3 hijos, Cirila compra tara en las diferentes comunidades y luego lo vende a los intermediarios, además Cirila en época de producción de Tuna, compra tuna y lo transporta a la ciudad de Lima para comercializarlo.

Las socias necesitan diferentes montos de prestamos como 300 soles, 450 soles, 600soles, 900 soles haciendo un total de 9,450 soles de prestamos en el Banco Comunal.

Sus prestamos serán invertidos en la compra de tuna, tara, cuy, gallina, cochinilla, azucar, arroz, fideos, aceite y para el pago de los peones.

Los sueños de las socias son mejorar sus negocios, tener capital propio, brindar una buena educación a sus hijos y trabajar para salir adelante.



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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