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Señor De Huanca Group
In this Group: Nelly Toribia, Gabriela Olimpia, Elio, Maribel, Juan Wilfredo, Florentina, Udolfo, Janet, Julia, Jose Wilber, Ruth, Lisenia, Urbana , Luzmila
The village bank “SEÑOR D. HUANCA" has 14 members, both men and women. The bank is located in the city of Cusco, in one of the central offices of the organization Arariwa, in the Huanchac district.

The partners of the bank engage in different activities, highlighted by a large number of young women who want a loan to cover expenses for higher education. The other percentage require a loan to be able to implement their businesses, from restaurants to grocery stores, also personal loans.

The partners of bank SEÑOR D. HUANCA value the loan, and agree to pay the total debt in the time scheduled.
View original language description ↓
El banco comunal “SEÑOR D. HUANCA”, cuenta con 14 miembros, entre varones y mujeres, este banco se encuentra en la ciudad del Cusco, en una D. las oficinas centrales D. la organización Arariwa, en el distrito D. Huanchac.

Los socios D. este banco, se dedican a diferentes actividades, resaltando en un número mayor el D. las jóvenes mujeres que desean el préstamo para cubrir sus estudios superiores, otro porcentaje, lo requiere para poder implementar sus negocios, tales como restaurante y tiendas D. abarrotes, y préstamos personales.

Los socios del banco SEÑOR D. HUANCA, valoran el préstamo otorgado y se comprometen a pagar el total D. la deuda en el tiempo programado.

Additional Information

Important Information

About Asociación Arariwa
Asociación Arariwa is a large non-governmental organization that started offering microcredit in 1994 to improve the quality of life, skills and equity of the population in the rural Cusco region of Peru. Arariwa serves the southern Andean provinces of Peru, and is distinguished by its efforts to reach the very poor, who often live in isolated rural areas. Arariwa fosters village banking, supports savings accounts, promotes access to education, and empowers women entrepreneurs (who make up 78% of its borrowers).

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Peru

  • $6,715
    Average annual income
  • 95
    View loans »
    Peru Loans Fundraising
  • $55,006,475
    Funds lent in using Kiva
  • 3.1
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Señor De Huanca Group's $3,750 loan helped a member to pay for studies, to implement businesses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 21, 2009
Listed
May 1, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009