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Munay Kente Ii Group
In this Group: Estela, Susana, Laura, Yanet, Narciso, Alex, Juana*, Leonor*, Hilmar Raul, Francisca
* not pictured
Our members belong to the communal bank "Munay Kente". This village bank consists of 10 members that meet once a month at the Arariwa Association's main office. Our partners alternate their various activities with retailing in the city Cusco. A large part is devoted to selling food items, grains, etc. The members Raul and Alex work in transportation services in the city. Members Francisca and Juana are domestic employees. The member Leonor sells grains, such as corn, barley, wheat and more. Member Yanet works as a secretary. They are requesting the loan in order to use it as work capital to increase their products and sales, and thus to provide a better quality of life for their families. They value and appreciate this loan granted through this medium. Likewise, they agree to pay their dues on time. (Members Juana and Leonor do not appear in the picture because they were given permission from the communal bank's board to leave before taking the picture).
View original language description ↓
Nuestros socios, pertenecen al banco comunal “MUNAY KENTE”. Este banco comunal está conformado por 10 miembros, ellos se reúnen una vez al mes en el local principal de La Asociación Arariwa.

Nuestros socios alternan sus diversas actividades con el comercio minorista en la ciudad del Cusco, una gran parte se dedica a la venta de comida, de artículos, de granos, etc. Los socios Raúl y Alex se dedican al servicio de transporte en la ciudad. Las socias Francisca y Juana son empleadas domesticas. La socia Leonor se dedica a la venta de granos como maíz, cebada, trigo y mucho más. La socia Yanet trabaja como secretaria.

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 Juana y Leonor no aparecen en la fotografía porque pidieron permiso a la junta directiva del banco comunal y se fueron antes de tomar la foto).

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
  • 130
    View loans »
    Peru Loans Fundraising
  • $58,906,400
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Munay Kente Ii Group's $2,325 loan helped a member to use it as work capital and increase their products and sales.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 20, 2009
Nov 30, 2009
Currency Exchange Loss:
Apr 15, 2010