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Mamacha Rosario - Huancarani Group
In this Group: Claudio, Efrain, Luzmila, Porfirio, Felicitas, Juan Carlos, Feliciana, Asciencia, Alejandrina, Celia, Nazario, Delia
The Mamacha Rosario community bank is maD. up of hard-working, charismatic, happy men and women struggling everyday to succeed along with their families. They live in the Huancarani district of the province of Paucartambo in the Cusco department. Huancarani is more than 3600 meters (11,800 ft) above sea level.

Huancarani is a rural area like many in Peru where extreme poverty and the lack of opportunities are the greatest obstacles that the residents face in succeeding, and if that weren't enough the authorities do little to support them. For that reason the majority of the residents started their own businesses. Chief among these are farming, raising cattle, and making crafts---done chiefly by the elderly or women since the rest of the population heads to other communities where activities incluD.: driving, lumber traD., craft making, business and service employment, but mainly construction work.

Claudio is 41, lives in Huancarani, is married with 6 children and makes a living as a carpenter, while his wife, Virginia who makes crafts. Claudio needs the loan to buy more wood. (Partners Efraín, Juan Carlos and Nazario appear in the lower part of the photograph as they asked for permission to be excused from the meeting).
View original language description ↓
El banco comunal Mamacha Rosario está formado por mujeres y hombres luchadores, alegres y carismáticos que buscan día a día la manera D. salir adelante con sus familias, viven en el distrito D. Huancarani D. la provincia D. Paucartambo del departamento del Cusco. Huancarani está ubicado a más D. 3600 metros sobre el nivel mar. Huancarani es zona rural como muchas en el Perú donD. la pobreza es extrema y la falta D. oportunidad son los principales problemas que atraviesa la población para salir adelante y para el colmo las autoridades muy poco hacen por apoyarlos y por esos motivos la mayoría D. los pobladores empezaron a formar sus propios negocios. Entre sus actividades sobresale la agricultura, ganadería y la elaboración D. artesanía que realizan las personas mayores o mujeres pues el resto D. la población diariamente salen a comunidades donD. realizan diferentes actividades económicas como: transportistas D. carros, compra y venta D. madera, elaboración D. artesanías, empleados en actividades D. comercio, servicios y principalmente como trabajadores D. la construcción.

El señor Claudio, tiene 41 años, vive en la ciudad D. Huancarani, es casado tiene 6 hijos y su principal actividad económica es la carpintería y su esposa Virginia se dedica a la elaboración D. artesanía. Claudio requiere el préstamo para comprar más madera.

(Los socios Efraín, Juan Carlos y Nazario aparecen en la parte inferior D. la fotografía pues pidieron permiso para retirase D. la reunión).

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
  • 125
    View loans »
    Peru Loans Fundraising
  • $60,116,750
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mamacha Rosario - Huancarani Group's $3,500 loan helped a member purchase more wood.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
May 12, 2010
Jun 7, 2010
Currency Exchange Loss:
Oct 15, 2010