Check out some available loans that are similar to this one!
Señor De Los Milagros De Chimpahuaylla Group
In this Group: Sandra*, Dora Delia, Placida, Isabel, Lucia, Noemi, Mariluz, Hilda, Ana Isabel, Mery Felicitas, Hilda Luciana, Alentina, Marleni, Joel, Rosaura
* not pictured
The “SEÑOR D. LOS MILAGROS D. CHIMPAHUAYLLA” communal bank is in its 5th loan cycle. It is composed of 15 hard-working, enterprising members who constantly seek ways to get ahead and proviD., through their daily efforts, a better future for their children. It is a communal bank maD. up of residents of Cusco. Cusco is a city that is known for its archaeological sites, its historic city center, its scenery and its history; it is an enchanting city in the southern region of the country.

The members are involved in a variety of commercial activities. Among these are: sale of food, prepared meals, crafts, jora (alcoholic beverage maD. from fermented corn), pasturage, vegetables, small farm animals, dairy products, grains; others care for senior citizens, work as hotel housekeepers and as secretaries.

The communal bank has undergone several cycles and, as the members state, they are happy and satisfied with the credit services, the savings, and the training. They especially appreciate the accrued value that they can obtain by leaving their funds in a common account.

Isabel is a member of the “Señor D. los Milagros D. Chimpahuaylla” communal bank. She lives with her life partner and has 6 children. Isabel is a hard-working, enterprising woman who devised a way to open her own business: she sells chicha (chicha D. jora is an ancestral Peruvian and American beverage maD. from jora, fermented corn). She has her own store, called Picantería, located in Cusco’s San Jerónimo neighborhood’s main square. Picantería is unique among the other businesses because a red flag is tied to a plant at the entrance.

Isabel tells us how she does her work: she rises very early to prepare the chicha D. jora and then begins her sales around noon. Starting at three in the afternoon, she provides a free snack, called “picante” to her customers. She is open for business until 10pm. When she completes her work day, she goes home to rest in order to start all over the next day. She has been in this line of work for 16 years and has done well thanks to the efforts she puts into her work.

She needs funding to buy firewood, jora and beer.

The group members, as a whole, are grateful for the opportunity offered and pledge to repay in a timely fashion.
View original language description ↓
El banco comunal “SEÑOR D. LOS MILAGROS D. CHIMPAHUAYLLA” actualmente se encuentra en el V ciclo, el banco comunal esta conformado por 15 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 las ciudades del Cusco. Cusco es una cuidad que se caracteriza por su centros arqueológicos, su centro histórico, sus paisajes, su historia, siendo una ciudad encantadora D. la Región Sur del país.

Las actividades económicas D. los socios a las que se dedican son por ejemplo: venta D. comida, venta D. comestibles, venta D. artesanía, venta D. jora y pasto, venta D. verduras, venta D. animales menores, venta D. lácteo y venta D. granos secos y otros ofrecen servicios D. cuidado D. ancianos, limpieza D. hoteles y secretariado. El banco comunal tiene varios ciclos D. funcionamiento, como manifiestan las socias, se encuentran contentas y satisfechas con los servicios D. crédito, ahorro y capacitación, por el tiempo D. permanencia en el banco comunal un aspecto D. valoración es el ahorro por la posibilidad D. capitalización que les brinda este servicio.

Isabel forma parte del banco comunal “Señor D. los Milagros D. Chimpahuaylla”, es conviviente y tiene 6 hijos. Isabel es una mujer trabajadora y emprendedora que las ingenio para abrir su propio negocio, ella se dedica a la venta D. chicha (La chicha D. jora es una bebida ancestral en el Perú y América y su principal ingrediente es la jora o maíz fermentado.), ella tiene su propio local denominada picantería que esta ubicado en la plaza D. armas del distrito D. San Jerónimo del departamento del Cusco. La picantería se diferencia D. los demás negocios pues a la puerta D. ingreso del local se le coloca una bandera D. color rojo amarrada con una planta. Isabel nos cuenta como realiza su actividad comercial, ella se levanta muy temprano para preparar la chicha D. jora y empieza a venderla a partir del medio día, a partir D. las tres la tarD., ella reparte a sus clientes D. forma gratuita una pequeña comida llamada “picante”, ella atienD. su negocio hasta las 10 D. la noche y después D. terminar su jornal laboral se va a descansar para mañana volver a comenzar su trabajo. Ya son 16 años que se dedica al negocio y le ha ido muy bien gracias al empeño que pone en su trabajo. Isabel requiere el préstamo para comprar leña, jora y cerveza.

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

  • $6,715
    Average annual income
  • 68
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Señor De Los Milagros De Chimpahuaylla Group's $4,400 loan helped a member to buy firewood, jora (alcoholic beverage made from fermented corn) and beer.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 4, 2010
Listed
Mar 17, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010