Puka Pukayoq Group
Examples of members' activities incluD. the sale of food and chicha (liquor); raising small animals such as guinea pigs; and vegetable sales. Other members offer services such as bricklaying for the municipality of Pachar.
Mercedes is 34, has two children and lives in the Pachar community. She tells us: "In my community bank 'Puka Pukayoq', there are 12 of us and they elected me as a representative to tell you about my activities". She mainly raises small animals such as guinea pigs. Her storehouse is in the Yanahuara community. She has been doing this for two years and it is going very well. Mercedes is requesting this loan to buy 20 to 30 guinea pigs. A pair of guinea pigs costs between 15 and 20 soles depending on the breed. She buys guinea pigs in the Urubamba and puente Grau markets in Cusco.
Las actividades económicas D. los algunos D. los socios a las que se dedican son por ejemplo, venta D. comida y chicha, crianza D. animales menores como por ejemplo cuyes y venta D. hortalizas. Otros socios brindan servicios como por ejemplo albañil, empleado D. la municipalidad D. Pachar.
Mercedes, tiene 34 años, tiene dos hijos y vive en la comunidad D. Pachar.
Mercedes nos cuenta. - En mi banco comunal “Puka Pukayoq” somos 12 integrantes y me eligieron a mí como representante del banco comunal para dar mi testimonio D. mi actividad económica. Su actividad económica principal D. la señora Mercedes es la crianza D. animales menores como por ejemplo cuyes, ella tiene su galpón en la comunidad D. Yanahuara. Ya son dos años que se dedica al negocio y le va muy bien. Mercedes requiere el préstamo para comprar 20 a 30 cuyes, el par D. cuyes compra entre 15 a 20 soles dependiendo D. la raza del animal. Mercedes compra en el mercado D. Urubamba y en el mercado del puente Grau D. la ciudad del Cusco los cuyes.
Important InformationAbout 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.
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