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Fe En Dios Group
In this Group: Victor, Viventa Yomira, Sussy Adriana, Aurelio, Esmeralda*, Marleny, Merleny Dianet, Jose Antonio, Ana Iskra, Gladys, Evarista, Edith, Carmen
* not pictured
Our group is called Fe en Dios, which means Faith in God. The group consists of 13 members who are natives of Cusco and surrounding areas.

Some of the members are married, some have children and others are single.

The members are engaged in various businesses – manager of a market, teacher of administration, selling baby clothes, selling photo postcards to tourists, and other commercial activities.

With this loan, they will buy more clothing and more postcards to sell, pay the monthly school expenses for their children, and other commercial activities.

For some, this is their first loan, while others have received loans in the past.

All of the members are grateful for the loans, especially since some have had problems obtaining capital in the past. They all promise to make the monthly payments on time.

(Esmeralda is not pictured in the photo)

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
  • $57,341,375
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Fe En Dios Group's $3,950 loan helped a member business capital.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2009
Listed
Oct 30, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010