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In this Group: Alba Zoraida, Jose Gorki, Aura Solana, Marina, Rene, Reyna Milagro, Celia, Elvis, Margarita Amelia, Ruth, Martha
Our members belong to the Amistad Milagrosa Communal Bank; there are 11 members. They live in the city of Cusco in the Cusco department. The members meet every 30 days in Ruth’s house, as can be seen in the video. Gorki is the president of the communal bank, and he is giving Christmas and New Year’s greetings to his colleagues.

Some of our members have small businesses. For example, Martha has a grocery store, Margarita sells handicrafts, Celia sells cosmetics, Marina sells juice, and Elvis sells humorous items.

The rest of the members offer services or are employees in private institutions. For example, Alva is an employee in the Monasterio Hotel, Reyna Milagros is a teacher in a music academy, Aura is a sales supervisor, and José Gorki is a teacher at the San Francisco de Borja School.

The members who have businesses need the loan to buy more products like food, cosmetics, handicrafts, and many other things. The members who offer services need the loan for family expenses or to open a small business.

Our member, Ruth, is 49, married, and has three children. She has a small café in the main plaza in the Santiago district in the city of Cusco. She has been in the business for various years, and it has gone very well for her thanks to the effort she puts into her work. Our member, Ruth, needs the loan to buy products like pastries, sweets, and soft drinks for her store.

The members are grateful for and value the loan, and they promise to pay it on time.
View original language description ↓
Nuestros socios pertenecen al banco comunal “AMISTAD MILAGROSA” y son 11 miembros. Ellos viven en la ciudad del Cusco del departamento del Cusco. Los socios se reúnen cada 30 días en la casa de la señora Ruth como se ve en el video. El socio Gorki es el presidente del banco comunal y da unos saludos por navidad y año nuevo a sus compañeros.

Algunos de nuestros socios tienen pequeños negocios como por ejemplo: Martha tiene una tienda de abarrotes, Margarita vende artesanía, Celia vende cosméticos, Marina vende jugos y Elvis vende artículos de bromas.

Los demás socios brindan servicios o son empleados en una institución privada como por ejemplo, Alva trabaja como empelada en el Hotel “Monasterio”, Reyna Milagros es profesora en una academia de música, Aura es supervisora de ventas y José Gorki es docente del colegio San Francisco de Borja.

Los socios que tienen negocios requieren el préstamo para comprar más productos como comestibles, cosmético, artesanía y muchas cosas más. Los socios que brindan servicios requieren el préstamo para el gasto familiar o para abrir un pequeño negocio.

Nuestra Ruth, es casada, tiene 49 años y tiene 3 hijos, ella tiene un pequeño cafetín en la Plaza principal del distrito de Santiago de la ciudad del Cusco. Ya son varios años con el negocio y le ha ido muy bien gracias al empeño que pone en su trabajo. La socia Ruth requiere el préstamo para comprar productos para tu tienda como pasteles, dulces y gaseosas.

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.

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
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,998,275
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Amistad Milagrosa Group's $3,975 loan helped a member buy more products like food, cosmetics, handicrafts, and many other things- The members who provide services need the loan for family expenses or to open a small business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Dec 22, 2009
Jan 12, 2010
Currency Exchange Loss:
Jun 15, 2010