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Mosoc Killa Group
In this Group: Florentina, Evangelina, Clotilde, Yelybeth, Lilian, Julia*, Marco Alexander*, Ana Maria, Wilda, Amanda, Alberto, Elias, Veronica, Yanet, Maria Elena*, Danny Cesar
* not pictured
The communal bank “Mosoc Killa” is currently in the VII cycle and is shaped by hard working and entrepreneurial people who are looking for opportunities at every moment to get ahead and with their daily efforts they are delivering a better future for their children. The communal bank's meetings are monthly in the central office of the Arariwa Association.

The business activities of some of the members are for example, project development, cake making, sale of beauty products, sale of clothing, sale of craftwork and sale of furniture. Other members are for example mechanics and an employee from the old bar.

Florentina, is 46, married and is a native of Cusco.

Florentina tells us - In my communal bank “Mosoc Killa” there are 16 members and they chose me as the representative of the communal bank to give my testimony of my business activity. All my fellow members of the communal bank are friendly, responsible people and above all are punctual in paying their instalments. I have my restaurant where I sell food, and my customers like what I cook, the loan that I require is to buy a sack of rice as I need it to be able to sell my rich plates of food. It has already been several years that I have worked with the Arariwa Association and it has gone very well for me. With the loans that they have given me and the profits that I obtained I could pay for my children's studies and do maintenance around my house.

(The members Julia, Marco and Elena are not in the photo because they arrived late to the meeting).
View original language description ↓
El banco comunal “Mosoc Killa” actualmente se encuentra en el VII ciclo y está conformado por personas trabajadoras y emprendedoras que buscan a cada momento las oportunidades para salir adelante y con su esfuerzo diario entregar un mejor futuro a sus hijos. Las reuniones del banco comunal son cada treinta días en la oficina central de la Asociación Arariwa.

Las actividades económicas de los algunos de los socios a las que se dedican son por ejemplo, elaboración de proyectos, preparación de torta, venta de productos de belleza, venta de ropa, venta de artesanía y venta de muebles. Otros socios son por ejemplo son mecánicos y empleado del viejo bar.

Florentina, tiene 46 años, es casada y es natural del Cusco.

Florentina nos cuenta. - En mi banco comunal “Mosoc Killa” somos 16 integrantes y me eligieron a mí como representante del banco comunal para dar mi testimonio de mi actividad económica. Todos mis compañeros del banco comunal son personas, amigables, responsables y sobre todo puntuales al momento de pagar sus cuotas. Yo tengo mi restaurante donde vendo comida, y mis clientes les gusta lo que cocino, el préstamo que requiero es para comprar un saco de arroz pues me está haciendo falta para poder expender mis ricos platos de comida. Ya son varios años que trabajo con la asociación Arariwa y me ha ido muy bien. Con los préstamos que me dieron y las utilidades que conseguí pude pagar los estudios de mis hijos e hice mantenimiento de mi casa.

(Los socios Julia, Marco y Elena no están en la foto por que llegaron tarde a 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
  • 124
    View loans »
    Peru Loans Fundraising
  • $57,923,600
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mosoc Killa Group's $4,650 loan helped a member to buy a sack of rice.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jun 25, 2010
Jul 3, 2010
Currency Exchange Loss:
Nov 15, 2010