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Los Comerciantes De Virgen Asunta Group
In this Group: Nelly Rosa, Eugenia, Ciprian , Francisco, Libia, Oscar , Mauro , Franklin Celso, Jacinto, Juan De Dios , Martin
Our members belong to the communal bank, "Los Comerciantes de Virgen Asunta," which is located in the city of Cusco, in the district of Iscuchaka, in the province of Anta, in the department of Cusco. We have thirteen members in this communal bank. They have different businesses. The majority of them sell items for domestic use. They have different stands in the Anta market in Isuchaka, which is 1 hour and 20 minutes from the city of Cusco. Our members sell items at their stands like shoelaces, shoe polish, pins, mirrors, electronic cables, rubber bands, combs, brushes, cords, scissors, soap, toothpaste, and nail clippers, Two members buy and sell shoes and slippers both wholesale and retail. All of the members are requesting a loan to reinvest in their different businesses and to keep growing them so they can support their families. Our members thank you and send you a giant hug and friendly hello and wish you the best for this new year. They promise to make their payments on time.
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Nuestros socios pertenecen al banco comunal “LOS COMERCIANTES DE VIRGEN ASUNTA” situado en la ciudad del Cusco, en el distrito de Iscuchaka, provincia de Anta departamento del Cusco.

Nuestros socios son 11 miembros dentro de este banco comunal, ellos alternan sus diferentes actividades con el comercio, la mayoría de nuestros socios se dedican al a pasamanería, ellos tiene su diferentes stands en la feria de Anta en Iscuchaka, a 1 hora y 20 minutos de la ciudad del Cusco, nuestros socios venden en sus stands desde pasadores para atar, betún de zapatos, pinzas, espejos, cables eléctricos, ligas, peines, escobillas, cordeles, tijeras, jaboncillos, pasta dental, agujetas, cortaúñas y un sinfín de cosas de pasamanería. Otros 2 socios compran y venden zapatos y zapatillas al por mayor y menor; Todos los socios solicitan el préstamo para reinvertir en sus diferentes negocios y seguir su crecimiento y de este modo apoyar a su familia.

Nuestros socios agradecen y les hacen llegar un enorme abrazo y un cordial saludo y los mejores deseos para este nuevo año y se comprometen n cumplir con los pagos 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
  • 120
    View loans »
    Peru Loans Fundraising
  • $60,164,250
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Comerciantes De Virgen Asunta Group's $3,425 loan helped a member to buy merchandise for domestic use as well as shoes and slippers to sell at their different stands.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Dec 23, 2009
Jan 18, 2010
Currency Exchange Loss:
Jul 15, 2010