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Cusi Ccoyllor De Chinchero Group
In this Group: Bernardina, Leon , Mario*, Marlene, Cesar, Andrea, Adela*, Belen, Nilda, Willington, Pepe, Luis, Mariano Guadalupe, Juan*, Juan Bautista, Eustaquia, Maria Salome, Santos
* not pictured
These are the 18 members of the community bank "Cusi Ccoyllor de Chinchero," located in the district of Chincheros, in the province and department of Cusco, about 40 minutes away from the city of Cusco.


The members of this bank are entrepreneurial people with a great desire to succeed. They are involved in various activities, including agriculture (potatoes, beans, and olluco), livestock, and the raising of small animals (guinea pigs, chickens, hens, ducks). Our members need a loan to invest in their different small businesses.


Our members are grateful for and value the loan given by this medium, and promise to comply with the repayment schedule that has been established.

View original language description ↓
Los socios son un número de 18, ellos pertenecen al banco comunal “CUSI CCOYLLOR DE CHINCHERO”, ubicado en el distrito de Chincheros, perteneciente a ala provincia y departamento del Cusco. A una distancia de 40 minutos de la ciudad del Cusco.

Los socios de este banco son personas emprendedoras con muchas ganas de salir adelante, y se dedican a diversas actividades, entre ellas la agricultura (papa, habas, olluco), la ganadería, la crianza de animales menores (cuyes, pollos, gallinas, patos), Nuestros socios requieren el préstamo para reinvertir en sus diferentes negocios menores.

Nuestros socios agradecen y valoran el préstamo otorgado mediante este medio, y se comprometen a cumplir con el pago en el plazo 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
  • 63
    View loans »
    Peru Loans Fundraising
  • $54,555,200
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Cusi Ccoyllor De Chinchero Group's $4,250 loan helped a member work capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 14, 2009
Listed
Aug 2, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010