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Manos Juntas Rumichaca Alta Group
In this Group: Vilma, Romulo, Fernanda, Ofelia, Nilda*, Julian*, Virginia, Emiliana, Pilar, Julian, Marlenny, Emiliana
* not pictured
Vilma, 32, lives with a partner and has 4 children. She is a native of the city of Urubamba, in the Cusco department.

Vilma is the founder of the communal bank "Manos Juntas D. Rumichaca," which is in the Unidad Microfinanza Arariwa that is part of the larger umbrella Asociación Arariwa.

Vilma tells us "in my communal bank “Manos Juntas D. Rumichaca” we have 12 members (9 women and 3 men.) I was elected president, and the group meets every 30 days in my house. This time they chose me as the representative of the bank to give my testimony of my principal economic activity."

Vilma's main economic activity is making chicha D. jora (a traditional Peruvian beverage maD. from roasted corn.) She has a contract with Señora Teresa to whom she sells the jora. She also makes woolen jackets to order for her customers. Vilma needs a loan to buy corn and firewood. She has already worked for 2 years in this business, and it is going very well.

Vilma belongs to the communal bank because she wants to learn how to be responsible with money and to invest well in her business.

The majority of the other members are merchants, for example: some are engaged in raising young livestock, others sell drinks, food, chicha D. jora, jackets, and other members proviD. services, such as: artists, employees of the municipality of Urubamba, employees of the Hotel Inti Quilla, etc. The city of Urubamba is located an hour and 10 minutes from the city of Cusco.
View original language description ↓
Vilma, tiene 32 años, es conviviente, tiene cuatro hijos y es natural D. la Ciudad D. Urubamba departamento del Cusco.

“Vilma es fundadora del banco comunal Manos Juntas D. Rumichaca D. la Unidad D. Micro finanzas D. la Asociación Arariwa”.

Vilma nos cuenta. - En mi banco comunal “Manos Juntas D. Rumichaca” somos 12 integrantes (9 mujeres y 3 varones), fui elegida como la presidenta y las reuniones son cada treinta días en mi casa y en esta oportunidad me eligieron a mí como representante del banco comunal para dar mi testimonio D. mi principal actividad económica.

Vilma su principal actividad económica es la elaboración D. jora, ella tiene contrata con la señora Teresa a quien le venD. la jora. Su actividad económica complementaria es confeccionar chompas D. lana a pedido del cliente. Vilma requiere el préstamo para comprar maíz y lana. Ya son 2 años que trabaja en el negocio y le va muy bien.

Vilma permanece en el banco comunal porque quiere aprender a ser responsable con el dinero y saber invertir bien el dinero en su negocio.|

La mayoría D. los socios son comerciantes por ejemplo algunos se dedican a la crianza D. animales menores, venta D. bebidas, venta D., comestibles, venta D. chicha D. jora y venta D. chompas y otros socios brindan servicios como por ejemplo son artistas, empleados públicos D. la municipalidad D. Urubamba, empleado del Hotel Inti Quilla, etc.

La ciudad D. Urubamba se encuentra a una hora y diez minutos D. la ciudad del Cusco.

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
  • 120
    View loans »
    Peru Loans Fundraising
  • $60,164,250
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Manos Juntas Rumichaca Alta Group's $4,725 loan helped a member vilma needs a loan to buy firewood and corn.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 7, 2010
May 6, 2010
Currency Exchange Loss:
Nov 15, 2010