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Las Pariguanas Group
In this Group: Antonio, Wilber, Julian, Edy Rolando, Celso, Nicanor, Raul, Bertha, Aquilino, Lorenza, Lucio, Luciano , Lucia, Nicolas
The members of the Yarcaccunca community make up a communal bank called “Las Pariguanas.” These members live 2 hours from the city of Cusco.

Our members have different activities in the home around agriculture and livestock. They farm, grow tubers and vegetables, also grains depending on the season. Our members earn a living by selling their products. They require a loan to be able to buy the seeds, some animals, and rent the land in order to have a greater production in their new crop.

The members are very grateful and value the loan. The promise to pay their entire loan within the established timeframe.
View original language description ↓
Los socios de la comunidad de Yarcaccunca, integran un banco comunal llamado “LAS PARIGUANAS”, estos socios viven a 2 horas de la ciudad del Cusco.

Nuestros socios alternan sus diferentes actividades del hogar con la agricultura y la ganadería, ellos trabajan la tierra, siembran tubérculos y verduras, también cereales de acuerdo ala época, nuestros socios viven de la venta de sus productos, para lo cual requieren el préstamo para poder comprar las semillas, algunos animales y alquilar terrenos para tener mayor producción en su nueva cosecha.

Los socios se encuentran muy agradecidos y valorando el préstamo se comprometen a cumplir con el pago total de su deuda en el tiempo establecido.

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
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Pariguanas Group's $2,175 loan helped a member buy seeds and rent farmland.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2009
Listed
Aug 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010