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Ccori - Chuspa Group
In this Group: Elizabeth , Hipolita , Margarita , Marina , Vilma , Orlando , Karina , Mabel Edith , Daniel , Elio , Edison , Hilda Leonor , Yure
These individuals belong to the communal bank "CCORI-CHUSPA." They live in the Urubamba district, in the city and department of Cusco.

Marina is a member who is 34 years old. She lives with a partner and has 4 children. She completed her studies only through secondary (high) school. She has a dressmaking workshop in her home. She set up a small space in her home where she has her sewing machine and a display cabinet showing the garments that she has made. Her partner buys and sells wood. She requests a loan to buy material for her dressmaking business such as thread and fabric. The other members are engaged in retail trade, handicrafts, taxi service, teaching, masonry, groceries and the purchase and sale of small animals.

The members appreciate and value the support provided through these means, and are committed to making their payments according to the established schedule.
View original language description ↓
Nuestros socios pertenecen al banco comunal “CCORI - CHUSPA”; Nuestros socios viven en el distrito de Urubamba, pertenece al departamento y ciudad del Cusco.

Nuestra socia es la Sra. MARINA; ella tiene 34 años, la socia es conviviente, ella estudió solo en el colegio primaria y secundaria, tiene 4 hijos, Nuestra socia tiene un taller de costura en su casa, ella acondicionó un pequeño espacio para poner su máquina de coser y un exhibidor de prendas que ella misma elaboró, su conyugué compra y vende madera, La socia solicita el préstamo para comprar material de trabajo para su costurería, como hilos y telas. Nuestros otros socios comparten sus actividades con el comercio minorista, la artesanía, servicio de moto taxis, docencia, albañilería, abarrotes y compra y venta de animales menores.

Los socios agradecen y valoran el apoyo brindado mediante este medio y se comprometen a cumplir con el pago de 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

  • $6,715
    Average annual income
  • 33
    View loans »
    Peru Loans Fundraising
  • $55,917,775
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Ccori - Chuspa Group's $3,450 loan helped a member she requests a loan to buy materials for her dressmaking business, such as thread and fabric.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 11, 2010
Listed
Jun 4, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010