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San Cristobal De Aparquilla Group
In this Group: Cirila, Herminia, Juana Dolores, Melchora, Fermin, Juana, Julia, Raimundo, Marina, Isabel, Gumercindo, Yony, Juan
This group of 13 belongs to the community bank San Cristobal D. Aparquilla. They live in Aparquilla Anta, Cusco, and meet once a month at the community center in Aparquilla. Each group member works in retail. Cirila and Juana sell vegetables. Melchora, Julia and Ysabel deal sell small animals. Herminia sells groceries, and Fermin sells animal feed. Marina sells grain.

The group is concerned that their sales will be affected by a bridge to Izcuchaca that gave way during recent floods. For a while, they couldn't sell their products in other cities in Cusco. They got creative, though, and sold more products by finding an alternate route to the city of Cusco itself.

One group member is Cirila, a 62-year-old married woman with children. Although she doesn't have much formal education, she was able to open a small business buying and selling vegetables. She will use her portion of this loan to buy seeds. Flooding has damaged a number of farms belonging to group members, including Cirila's. They've lost their crops and need to repair rain damage. The group really appreciates this opportunity, and pledge to repay their loan on time.
View original language description ↓
Los socios pertenecen al banco comunal “SAN CRISTOBAL D. APARQUILLA”, el banco esta conformado por 13 miembros, ellos viven en la comunidad D. Aparquilla D. la provincia D. Anta del departamento del Cusco y se reúnen cada treinta días en el salón comunal D. la comunidad D. Aparquilla.

Los socios se dedican al comercio minorista, entre los miembros D. este banco tenemos a las socias Cirila y Juana que se dedican a la venta D. hortalizas; Las socias Melchora, Julia y Ysabel se dedican a la venta D. animales menores; Herminia venD. comestibles, Fermín venD. pasto (comida para los animales) y Marina venD. granos, ellos están preocupadas porque no venden sus productos porque el puente que da paso para la comunidad D. Izcuchaca fue movido por el caudal del rió que aumento durante varios días por lo tanto no pueden llevar sus productos a vender a la diferentes ciudades del Cusco, pero los socios se las ingenian para vender sus productos entonces abrieron un camino alterno para la ciudad del Cusco.

La socia Cirila tiene 62 años D. edad, es conviviente, tiene seis hijos, ella a pesar D. no contar estudios superiores se la ingenio para abrir un pequeño negocio D. compra y venta D. hortalizas. La socia requiere el préstamo para aumentar el capital del negocio comprando semillas. La socia Cirila y varios compañeros del banco comunal que tienen chacras fueron inundados por las fuertes lluvias que cayeron en la ciudad Aparquilla pues perdieron todos sus cultivos y ahora requieren el préstamo para reparar los daños que causaron las lluvias.

Nuestros 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
  • 98
    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 San Cristobal De Aparquilla Group's $2,850 loan helped a member buying seeds to replace lost crops.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2010
Listed
Feb 16, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010