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Señor De Huanca De Cusco Group
In this Group: Yeny, Andrea, Damiana, Margarita, Bacilia, Katy, Erika, Yanet, Yanet, Magaly Kareen, Eusebio, Gladys, Giovanna, Alejandra, Sandro, Liz Shirley, Rosmeri , Edward Carlos, Pilar, Wilbert
The group "Senor D. H. D. Cusco" is formed by 20 members, most of these members have been working 15 years with the organization of community banks in the city of Cusco.

The members work in different commercial activities, some have grocery stores, other sell clothes for babies and adults, other members work on carpentry, bookstores, and one of the oldest members of the group Mrs. Margarita has a small grocery store and a small restaurant on the same place, in the afternoons is a coffee shop, she prepares the menus, beverages, sandwiches, chicken and beef empanadas. The members request the loan in order to get working capital for their business and Mrs. Margarita wants to finish building her house.

The members value and appreciate the loan and commit to pay the debt on the time determined.
View original language description ↓

El grupo “SEÑOR D. H. D. CUSCO”, está conformado por 20 miembros, estos socios llevan en su mayoría más D. 15 años trabajando con la organización D. bancos comunales en la ciudad del Cusco.

Los socios alternan sus actividades personales con labores comerciales diferentes, encontramos a socios que tiene sus tiendas D. barrotes, otros tienen tiendas D. venta D. ropas, para bebes y adultos, otros socios tienen carpintería, librería, y en particular una socia la más antigua del grupo la sra. Margarita tiene su pequeña tienda abarrotes y ahí mismo a apertura do un restaurante y en las tardes es un cafetín, ella misma prepara los menús y los ponches y sándwich y empanadas D. pollo, carne, los socios solicitan el préstamo en razón D. implementar sus diferentes negocios y la sra. Margarita quiere terminar D. construir su casita, que poco a poco con la ayuda D. este tipo D. préstamos lo está logrando.

Los socios valoran y agradecen el apoyo otorgado mediante este préstamo y así mismo se comprometen en cumplir con el pago total D. la deuda en el plazo 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

  • $12,000
    Average annual income
  • 98
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    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 De Cusco Group's $4,550 loan helped a member working capital for their business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2009
Listed
May 1, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009