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Mosoc Runa Group
In this Group: Maria Antonieta, Tula, Hermenegilda, Francisca, Ruben Rolando*, Aquilina, Dina, Ruth Miguelina, Elvira, Roxana, Guillermo Miguel, Consuelo, Lucy, Luis Angel, Lourdes
* not pictured
Our members belong to the communal bank " MOSOC RUNA." This name is of Quechua origin and translated to Spanish. "MOSOC" means new and "RUNA" means man (in a human racial sense), we translate it as New People. There are 15 members, who are all friendly and enterprising. The members live in the city of Cusco. The majority of them are independent entreprenuers and have similar jobs.

The members alternate their diverse activities with minority commercialism in Cusco. They have different businesses such as selling clothes, beauty products and other enterprises as well. One of the member's jobs is to process alpaca wool into fabric and later make sweaters, winter hats, scarves, gloves, and dresses. She exports her products to Japan. Another member has a store in a school where she sells sweets, cookies, cakes, etc.

All of the members of the communal bank are new and wish to invest the loan in new businesses. This way they plan to make their businesses grow, improve their standards of living, and increase production and profits

The members value and are thankful for the offered loan through this resource and in the same manner commit to repay their loans in the established time period.

(Member RUBEN is not in the photo because he was working as a teacher.)
View original language description ↓
Nuestros socios, pertenecen al banco comunal “MOSOC RUNA”, este nombre es D. origen quechua y traducido al español. "MOSOC" significa nuevo y "RUNA" significa hombre (en el sentido D. la raza humana), nosotros lo traducimos como Gente Nueva. Nuestros miembros son 15 socios, todos ellos son muy amigables y emprendedores. Los socios viven en la ciudad del Cusco, la mayoría D. ellos son comerciantes independientes y tienen actividades similares.

Nuestros socios alternan sus diversas actividades con el comercio minorista en la ciudad Cusco. Ellos tienen diferentes negocios como venta D. ropa, productos D. belleza y otras cosas. Una D. las socias su actividad es procesar tejido con lana D. alpaca y después confeccionar chompas, chulos, chalinas, guantes y vestidos. Ella exporta sus productos al país D. Japón. Otra socia tiene una tienda escolar donD. venD. golosinas, galletas, pasteles, etc.

Todos los miembros del banco comunal son nuevos socios y están deseosos D. invertir el préstamo en sus nuevos negocios y D. este modo hacerlos crecer, esto ayudará a mejorar la calidad D. vida D. sus hogares y les dará mayor producción y mayor ganancia.

Los socios valoran y agradecen el préstamo otorgado mediante este medio y así mismo se comprometen a cumplir con el pago D. sus cuotas en el plazo establecido.

(El socio RUBEN no esta en la foto por que estaba trabajando como profesor)

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
  • 85
    View loans »
    Peru Loans Fundraising
  • $59,005,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Mosoc Runa Group's $4,700 loan helped a member to sell clothes, food, cosmetics, and the production of sweaters.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 4, 2009
Nov 10, 2009
Currency Exchange Loss:
Apr 15, 2010