Señor De Huanca Group
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.
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.
Important InformationAbout 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.
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Success!! The loan was 100% repaid