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Fe En Dios Group
In this Group: Viventa Yomira, Ceferin , Adriana, Aurelio, Esmeralda, Marleny, Merleny Dianet, Gladys, Evarista, Carmen
The communal bank "FE EN DIOS" (Faith in God) is in its third cycle. The member meetings are every 30 days in the main office of the Asociación Araiwa. The communal bank is made up of 10 hard working and entrepreneurial people who are always looking for ways to get ahead, and with their daily efforts proviD. a better future to their children. It is a communal bank made up of members who live in the city of Cuzco. Cuzco is a city characterized by its archeological centers, its historic center, its landscapes, and history. It is an enchanting city in the southern region of the country.

The economic activities of the members are, for example: production of gold and silver jewelry, manager of a supermarket, wholesale and retail jewelry sales, production of sweaters, cosmetics sales, food sales, sales of esoteric products, sales of handicrafts, and others offer security services. The communal bank has been together for a number of cycles. The members are happy and satisfied with the loans, savings and training provided. Due to the amount of time they have been with the communal bank, they are able to earn valuable compound interest on their savings.

Yomira is part of the communal bank "Fe en Dios". She is 32 years old. She was born in the city of Puno. She has two sons named Luís Marcelo and Bryham, both of whom she supports. She is both mother and father to her children as she does not receive support from her partner. Yomria alternates between her domestic work and commercial activities such as selling jackets, clothes, and shoes. The jackets she sells are exported from Argentina and she sells them to the public. She brings shoes form Puno and sells them to vendors in the city markets. Yomira recently finished studying cosmetology and the loan she is requesting is to open a boutique and spa. She has been working with banks for 12 years and with the Asociación Arariwa for 2 years, and things have gone very well thanks to her responsible nature.

The members are thankful for this opportunity and promise to make their respective payments on time.
View original language description ↓
El banco comunal “FE EN DIOS”, actualmente se encuentra en el III ciclo, las reuniones de los socios son cada treinta días en la oficina central de la Asociación Arariwa, el banco comunal esta conformado por 10 personas trabajadoras y emprendedoras que buscan a cada momento las oportunidades para salir adelante y con su esfuerzo diario entregar un mejor futuro a sus hijos, es un banco comunal conformado por socios que viven en la ciudad del Cusco. Cusco es una cuidad que se caracteriza por su centros arqueológicos, su centro histórico, sus paisajes, su historia, siendo una ciudad encantadora de la Región Sur del país.

Las actividades eco nómicas de los socios a las que se dedican son por ejemplo, producción de joyas de oro y plata, administrador de un súper mercado, venta de joyas al por mayor y menor, confección de chompas, venta de cosméticos, venta de comida, venta de productos esotéricos, venta de artesanía y otros ofrecen servicios de seguridad. El banco comunal tiene varios ciclos de funcionamiento, como manifiestan las socias, se encuentran contentas y satisfechas con los servicios de crédito, ahorro y capacitación, por el tiempo de permanencia en el banco comunal un aspecto de valoración es el ahorro por la posibilidad de capitalización que les brinda este servicio.

Yomira forma parte del banco comunal “Fe en Dios”, ella tiene 32 años de edad, ella nació en la ciudad de Puno, ella tiene dos hijos y se llaman Luís Marcelo y Bryham de la cuales los dos dependen todavía de ella, ella nos cuenta que es madre y padre para sus hijos pues no recibe apoyo de su pareja. Yomira alterna sus actividades del hogar con sus actividades comerciales como por ejemplo venta de casacas, venta de ropa y venta de zapatos. Ella nos cuenta que las casacas que venden son exportadas de país de Argentina y los ofrece a las instituciones publicas y los zapatos los trae de la ciudad de Puno y los ofrece a las vendedoras de los mercados de la ciudad. Yomira también nos cuenta que hace poco termino de estudiar cosmetología y el préstamo que requiere es para abrir una tienda spa y boutique. Ya son 12 años que trabaja con los bancos solidarios y con la Asociación Arariwa 2 años y le ha ido muy bien gracias a la responsabilidad que le caracteriza.

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

  • $12,000
    Average annual income
  • 68
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Fe En Dios Group's $3,925 loan helped a member yomira is requesting the loan to open a boutique and spa.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2010
Listed
Mar 16, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010