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In this Group: Florentina, Avelina, Rosa, Jesus, Yolanda, Soledad Nilda, Silveria, Exaltacin, Eloy, Jeannethe, Maria Antonieta, Pablo, Bernardo, Yolanda, Susana
The Miskiuno communal bank is composed of hardworking women and men who constantly look for opportunities to get ahead and who work everyday to be able to give their children a better future. The members live in the city of Phiry, in Ollantaytambo district, in Urubamba province, in the department of Cusco. The area is characterized by its warm climate, its beautiful views, and its agriculture and cattle herding.

Florentina is a member of the Miskiuno communal bank. She is 58 years old, married, and the mother of five children, two of whom are still dependent on her (Aled y Elvis). Her husband works as a cook. Florentina works in agriculture and raises small animals, such as guinea pigs. She currently has 300 guinea pigs and she sells them to restaurants at a cost of 15.00 to 18.00 PEN per guinea pig. Things are going very well for her because her guinea pigs are known in the area for their quality. She has been selling them for two years. She has also belonged to the Miskiuno communal bank for two years. Her loan will be used to improve the roof where the guinea pigs live and also to buy feed for them.

Some of the other members work in agriculture—for example, Susana, Yolanda, Eloy, Silveria and Pablo. The rest work in a variety of activities, such as tailoring, food sales, crafts, food, vegetables, and animal fodder.

The members are worried because their sales have gone down due to the heavy rains that fell for three days in the city of Cusco. Their buyers work directly in the tourist traD. and tourism has fallen off considerably. Other members have their fields near the banks of the Vilcanota River; the river washed away their crops leaving nothing behind except unrecoverable losses. The members forge ahead despite the adversities of their climate.

The members are grateful for the opportunity they have been given and they promise to make their loan payments within the established time frame.
View original language description ↓
El banco comunal Miskiuno está formado por mujeres y hombres trabajadores que buscan a cada momento las oportunidades para salir adelante y con su esfuerzo diario entregar un mejor futuro a sus hijos, las socias viven la ciudad D. Phiry del distrito D. Ollantaytambo D. la provincia D. Urubamba del departamento del Cusco, urbe que se caracteriza por su clima caluroso, sus paisajes hermosos, su agricultura y su ganadería.

Florentina es socia del banco comunal Miskiuno, tiene 58 años D. edad, es casada y es madre D. cinco hijos pues dos depenD. D. ella todavía (Aled y Elvis) y su esposo trabaja como cocinero.
Florentina se dedica a la agricultura y a la crianza D. animales menores como cuyes, ella tiene actualmente 300 cuyes y los venD. a los restaurantes a costo D. 15 a 18 soles por cuy, le va bastante bien ya que sus cuyes son D. calidad en la zona y lleva dos años comercializando estos cuyes, Ya son dos años que la socia pertenece al banco comunal Miskiuno, el crédito que reciba va a mejorar el techo donD. viven los cuyes y va comprar comida para los cuyes.

Los otros socios se dedican a la agricultura como por ejemplo: Susana, Yolanda, Eloy, Silveria y Pablo y los demás a diversas actividades como al servicio D. sastrería, a la venta D. comestibles, artesanía, comida, verduras y pasto.

Los socios están preocupados por que las ventas han disminuido debido a la fuertes lluvias que cayeron por tres días en la ciudad del Cusco pues sus compradores trabajan directamente con el turismo, el turismo a decaído considerablemente. Otros D. los socios que tenían sus terrenos D. cultivo cerca a las orillas del rió vilcanota, el rio arraso sus productos dejando nada a su paso y dejando perdidas irrecuperables. Los socia continuaran a pesar D. las adversidades del clima.

Los socios en general agradecen la oportunidad brindada y se comprometen a cumplir con el pago D. sus diferentes cuotas en los plazos establecidos.

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
  • 108
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Miskiunu-Phiry Group's $3,800 loan helped a member florentina needs the loan to improve the roof on the structure where her guinea pigs live and to buy food for them.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 25, 2010
Feb 25, 2010
Currency Exchange Loss:
Aug 15, 2010