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Los Dinamicos De San Isidro De Chicon Group
In this Group: Fabiana, Inoscencia, Juan Cancio, Rosa, Francisca, Mario, Melquiades, Mario Cesar*, Mario, Sergia, Hilario, Julia Alejandrina, Gregoria, Florencio Raul, Dominga, Modesta, Maria, Alicia
* not pictured
The “LOS DINAMICOS DE SAN ISIDRO DE CHICON” Community Bank is comprised of 18 members. They are workers that are looking every moment for a way to progress. With their daily efforts they hope to achieve a better future for their children. The members live in the San Isidro de Chicon Community near the city of Urubamba, in the department of Cusco. This area is known for its beautiful countryside, its agriculture and its ranches. The city of San Isidro de Chicon is located ten minutes from the city of Urubamba.
Francisca is a member of the LOS DINAMICOS DE SAN ISIDRO DE CHICON Community Bank. She is 42 years old, is married and has two children (Elvis and Ofelia) that still depend on her for support. Francisca raises small animals such as guinea pigs, pigs and ducks. She is an enterprising woman. Since she has obtained her permit from the city to raise animals she has begun this business. This woman has been a member of the Community Bank for the past year. The loan she is requesting will be used to buy more guinea pigs and for animal food.
The other members also raise young animals or they sell groceries, work in agriculture, sell dry goods or build houses. Raul works as a driver in the city.
The members are worried because sales are down because their buyers work directly in the tourist industry. The heavy rains that fell for three days in the city of Cusco caused tourists to cancel their reservations for trips to Cusco. Tourism has fallen quite a bit.
The members are thankful for the opportunity that is available and promise to pay their individual payments on time.
View original language description ↓
El banco comunal LOS DINAMICOS DE SAN ISIDRO DE CHICON está formado por 18 socios que son 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 en la comunidad de San Isidro de Chicon de la ciudad de Urubamba del departamento del Cusco, urbe que se caracteriza por sus paisajes hermosos, su agricultura y su ganadería. La cuidad San Isidro de Chicon se encuentra ubicado a 10 minutos de la Ciudad de Urubamba.

Francisca es socia del banco comunal los Dinámicos de San Isidro de Chicon, tiene 42 años de edad, es casada y tiene dos hijas que depende todavía de ella (Elvis y Ofelia). Francisca se dedica a la crianza de animales menores como cuyes, chanchos y patos, ella es una mujer emprendedora pues desde que recibió la capacitación de crianza de animales por parte de la municipalidad comenzó su negocio. Ya es un año que la socia pertenece al banco comunal y el crédito que reciba es para comprar mas cuyes y alimento para los animales.

Los otros socios se dedican a la crianza de animales menores, venta de comestibles, agricultura, venta de productos secos, construcción de casas y Raúl hacen servicios de transporte urbano.

Los socios están preocupados por que las ventas han disminuido debido a que los compradores trabajaban directamente con el turismo. Las fuertes lluvias que cayeron por tres días en la ciudad del Cusco hicieron que turistas cancelaron sus reservaciones de viaja a la ciudad del Cusco. El turismo ha decaído considerablemente.

Los socios en general agradecen la oportunidad brindada y se comprometen a cumplir con el pago de 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

  • $6,715
    Average annual income
  • 56
    View loans »
    Peru Loans Fundraising
  • $53,914,550
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Dinamicos De San Isidro De Chicon Group's $4,750 loan helped a member to expand their businesses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 3, 2010
Listed
Feb 15, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010