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Los Alamos De La Estacion Group
In this Group: Leonor Yolanda, Eudocia*, Nora Virginia, Juana , Juan Carlos, Anita, Eudocia, Juliana, Vilma Victoria, Tania, Ronilda, Gerardo
* not pictured
This bank is called “The Poplars of the Station” and it is located in the farming community of Urcos, Quispicanchis Province, Cuzco Department.


Our members are natives of Urcos who alternate their activities between home and agriculture. They cultivate potatoes of all varieties, corn, garden crops, vegetables, and they raise livestock, buy large and small animals, for fattening and reproduction, then sell them for profit. Some members sell food in the central market, benefiting from the location of the market along the obligatory route between Puno and Arequipa.


Our members desire this loan to invest in their crops. Since this is the month of sewing, they are plowing their fields in order to fertilize and spread manure for the planting of various crops that will be harvested in the months of February and March.


Our members appreciate the loan and promise to pay it off in the time prescribed.

View original language description ↓
Este banco comunal se llama “LOS ALAMOS DE LA ESTACION”, este banco está situado en la provincia de Quispicanchis en la comunidad campesina de Urcos, perteneciente al departamento de Cusco.

Nuestros socios son naturales de Urcos, ellos alternan sus actividades del hogar con la agricultura, ellos cultivan, papas en todas sus variedades, maíz, alcachofas, hortalizas, verduras; también se dedican a la ganadería, compran animales mayores y menores, para el engorde y reproducción de los mismos así lo venden a mejor precio. Algunas socias venden comida en el mercado central, aprovechando que este mercado es un paso obligado para los que se dirigen a las ciudades de Puno y Arequipa, nuestros socios desean el préstamo para poder invertir en sus cultivos, puesto que este mes es destinado para la siembra, ellos ararán las tierras para poder fertilizarlas y abonarlas y proseguir al sembrío de los diferentes productos que se cosecharán en el mes de febrero y marzo.

Nuestros socios agradecen el préstamo otorgado y se comprometen en 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
  • 109
    View loans »
    Peru Loans Fundraising
  • $56,100,525
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Alamos De La Estacion Group's $3,625 loan helped a member iNVEST IN PRODUCTION OF NEW SEASONAL CROPS.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2009
Listed
Sep 8, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010