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Siempre Unidos Group
In this Group: Belisario, Benita, Mirian*, Victor Enrique, Jeramil, Gladis Melva*, Isabel, Jose Carlos, Roxana, Gloria Elena, Aydee, Juan, Laura, Nicomedes, Roberto Junior, Yenny Margot, Estherlin Ericka, Analy Margot, David Sixto
* not pictured
These members belong to the Communal Bank “Siempre Unidos” (Always United). They live in the city of Cusco. The majority of them share vending posts at the places where they work and are involved in similar business activities.


The members divide their time among various activities associated with their retail businesses at the Virgen Asunta Market in Cusco. The majority of the group sells clothing, fruit, potatoes, etc. Other male members, with the use of their motorcycle taxis, offer transportation services. One member sells flatware (knives, forks, spoons, etc.). Others have grocery stores where they sell rice, sugar, oil, etc. Another member is an electrician who repairs radios, televisions, and other appliances. One member has a restaurant and offers breakfast, lunch, and dinner.


The members are requesting a loan to use as working capital for increasing their inventory. As a result, they hope to increase their sales and improve the quality of life for their families.


The members value and appreciate the loan that has been provided to them. They agree to make their payments on the established due dates.


(Group members Mirian and Gladis requested permission not to appear in the photo.)

View original language description ↓
Nuestros socios, pertenecen al banco comunal “SIEMPRE UNIDOS”, viven en la ciudad del Cusco, la mayoría de ellos comparte un stand en su centro de trabajo, y tiene actividades similares.

Nuestros socios alternan sus diversas actividades con el comercio minorista en el mercado “Virgen Asunta” en la ciudad Cusco. Una gran parte se dedica a la venta de ropas, frutas, papas, etc. Otros socios varones tienen carros que hace el servicio de transportes (taxi). Una de las socias de este banco se dedican a la venta loceria (cubiertos, tenedores, cuchillos , etc.). Otras tiene sus tiendas de abarrotes donde venden arroz, azúcar, aceite ,etc. Un socio es técnico electricista y repara radios, televisores, y muchos más artefactos. Una socia tiene un restaurante donde vende comida (desayuno, almuerzo y cena).

Los socios solicitan el préstamo para que lo utilicen como capital de trabajo y de esta manera incrementar sus productos y aumentar sus ventas, para dar mejor calidad de vida a sus familias.

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

(las socias mirian y gladis no estan en la foto por que pidieron permiso)

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
  • 86
    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 Siempre Unidos Group's $4,575 loan helped a member operating capital for their respective businesses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 4, 2009
Listed
Nov 11, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010