Kushka Puririsun Group
Patricia is a member of the “Kushka Puririsun” Communal Bank. She is 23 years old, in a common law marriage, and has two dependent children (Marco Antonio and Maria Fernanda). Patricia sells “salchipapas” (sausages and fried potatoes) and “pollipapas” (chicken and fried potatoes) from a pushcart. She travels along the streets between 3pm and 11pm to sell her dishes. Patricia is requesting a loan to buy chicken, potatoes, and rice.
The members, in general, are grateful for this opportunity provided to them. They promise to submit their payments on the established due dates.
Patricia es socia del banco comunal los Kuska Puririsun, tiene 23 años D. edad, es conviviente y tiene dos hijos que depenD. todavía D. ella (Marco Antonio y Maria Fernanda). Patricia se dedica a la venta salchipapas y pollipapas en su carretilla y en la calle desD. las 3 p.m. hasta las 11 p.m. La socia Patricia requiere el préstamo para comprar pollos, papas y arroz.
Los socios en general agradecen la oportunidad brindada y se comprometen a cumplir con el pago D. sus diferentes cuotas en los plazos establecidos.
(Los socios que aparecen en los costados D. la fotografia pidieron permiso para no estar en el deseembolso).
Important InformationAbout 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.
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Success!! The loan was 100% repaid