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San Martin De Umanes Group
In this Group: Holga , Delia , Eulalia , Victoria , Remigia , Martina , Evangelina , Gregoria , Francisca , Segundina, Hermogenes , Celestino, Ceferina , Crecensia , Ruth Tania
Our partners belong to the communal bank "San Martin de Umanes". They live in the city of Cusco, in the Iscuchaka district, Anta province, and department of Cusco.

One of the partners, Gregoria, is 53 years old, a live-in partner, and has one son. She alternates between her domestic chores and retail trade, buying and selling agricultural products. Her husband is a farmer, and they plant potatoes, corn, vegetables, wheat, and barley. Also, Gregoria has livestock, such as cows, chickens, and pigs. Occasionally, she sells her products in Quillabamba, where they primarily produce fruits, and her products are very profitable here. She is requesting this loan to travel and take her products to the province of Quillabamba.

The other partners carry out various activities in retail trade, such as selling handicrafts, livestock, maize liquor, and agricultural products. They are requesting this loan to reinvest in their different businesses. They are grateful for and value the support provided to them through this medium, and they are committed to repaying their debts in the established time frame.
View original language description ↓
Nuestros socios pertenecen al banco comunal “SAN MARTIN DE UMANES”; Nuestros socios viven en la ciudad del Cusco, en el distrito de Iscuchaka provincia de Anta departamento de Cusco.

Nuestra socia es la Sra. GREGORIA, Nuestra socia tiene 53 años de edad es conviviente y tiene 1 hijo, Nuestra socia alterna sus actividades del hogar con el comercio minorista, la socia compra y vende productos agrícolas, su conyugue es agricultor y siembran papa, maíz, hortalizas, trigo, cebada, Nuestra socia también tiene animales vacunos y animales menores (aves de corral y chanchos), Nuestra socia vende los productos algunas veces en Quillabamaba en esta provincia netamente productora de frutas el producto de la socia es muy rentable. Nuestra socia solicita el préstamo para viajar y llevar sus productos a la provincia de Quillabamba.

Los socios alternan sus actividades con el comercio minorista ellos venden artesanías, ganados, animales menores, venta de chicha, de venta de productos agrícolas, 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 de su deuda 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

  • $6,715
    Average annual income
  • 78
    View loans »
    Peru Loans Fundraising
  • $54,535,100
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of San Martin De Umanes Group's $4,800 loan helped a member to travel and take her products to the province of Quillabamba.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2010
Listed
May 9, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010