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Nuevo Amanecer La Rinconada Group
In this Group: Juliana, Isabel, Justina, Laureana, Clara, Bernardina, Ines, Guillermina, Andrea Justina, Aquilina, Luz Elena, Ambrocia, Carlota , Francisca
These members belong to the Communal Bank “Nuevo Amanecer La Rinconada”. They are native to the community and to the district of Rinconada Andahuaylillas, which is located in Quispicanchis Province, Department of Cusco.


The members are engaged in business activities which include raising animals for wholesale such as poultry, guinea pigs, and swine. They also cultivate and harvest crops such as corn, potatoes, and beans. Other members have retail businesses, sell food in the market, own bakeries, offer transportation services, etc. Justina is a member who sells groceries, just as she had since the last meeting. All of the members plan to invest their loans into their various business activities so that they can increase their production.


The members appreciate and value the loans they have received so that they can reinvest and generate more revenue. They promise to complete repayment of this debt.

View original language description ↓

Nuestras socias, pertenecen al banco comunal “NUEVO AMANECER LA RINCONADA”, ellas son naturales de la comunidad y distrito de rinconada Andahuaylillas ubicado en la provincia de Quispicanchis, del departamento de Cusco.

Nuestras socias tienen entre sus actividades del hogar la crianza de gallinas al por mayor, de cuyes al por mayor, cerdos, también se dedican a la agricultura sembrando y cosechado (maíz, papa, habas); otras socias trabajan en comercio minorista, en el mercado vendiendo comidas, en panaderías, en trasporte, y la socia Justina tiene una tienda de abarrotes, que es precisamente, en esta que se tuvo la última reunión; las socias requieren el préstamo en razón a invertir en sus diferentes actividades y producir mas.

Nuestras socias agradecen y valoran el préstamo otorgado, para poder reinvertir y generar mayor ganancia económica, ellas se comprometen a cumplir con el pago de sus deudas.

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
  • 78
    View loans »
    Peru Loans Fundraising
  • $54,535,100
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuevo Amanecer La Rinconada Group's $3,375 loan helped a member reinvest into their various businesses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2009
Listed
Sep 1, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010