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Central Tinke Group
In this Group: Octavia , Nicolas , Benedicta , Juan , Basilia *, Rosa Celia , Ruben Carlos , Sofia , Rene , Daniel , Julian Teodoro , Roxana , Simeon , Francisca , Benedicta
* not pictured
Our members belong to the communal bank “Central Tinke”. They live in the Ocongate district in the Quispicanchis province in Cusco department.

Our member is Mrs. Octavia. She is 27, married and has 2 children: her son is 7 and her daughter is 5. She alternates her work at home with her retail business. Octavia has a small general store where she sells basic foodstuffs such as vegetables, fruit and all types of drinks. Our member is asking for a loan to purchase a larger variety of products.

The members alternate their activities with retail businesses. 80% work in agriculture and animal husbandry. The rest have different types of businesses, restaurants and general stores. They are asking for a loan to reinvest in their different businesses.

The members appreciate and value the support given them in this manner and promise to complete their loan payments in the established time period.
View original language description ↓
Nuestros socios pertenecen al banco comunal “CENTRAL TINKE”; Nuestros socios viven en el distrito D. Ocongate, provincia D. Quispicanchis departamento del Cusco.

Nuestra socia es la Sra. OCTAVIA, ella tiene 27 años D. edad, es casada tiene 2 hijos D. 7 años el varoncito y la mujercita D. 5 años, Nuestra socia alterna sus actividades del hogar con el comercio minorista, la socia tiene una pequeña tienda abarrotes en la cual venD. productos básicos, verduras, frutas y bebidas D. todo tipo; Nuestra socia solicita el préstamo para invertir en la compra D. más variedad D. productos.

Nuestros socios alternan sus diferentes actividades con el comercio minorista, en un 80 % se dedican a la agricultura y a la ganadería, el restante tiene diferentes actividades, restaurante y tienda abarrotes. Nuestros socios solicitan el préstamo para reinvertir en sus diferentes negocios.

Los socios agradecen y valoran el apoyo brindado mediante este medio y se comprometen a cumplir con el pago D. sus deudas en el plazo establecido.

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
  • 119
    View loans »
    Peru Loans Fundraising
  • $57,346,050
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Central Tinke Group's $4,775 loan helped a member our member is asking for a loan to purchase a greater variety of products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2010
Listed
May 5, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010