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Sumac Puririsun Group
In this Group: Gloria, Neil Nataly, Etelvina, Luz Marina, Leslie Hindira, Jaime, Yuri, Valentina, Lourdes, Dominga, Clotilde, Hilaria, Ines Milagros
The “Sumac Puririsun” communal bank is currently in its third loan cycle. It is made up of hard-working and enterprising people who are always looking for opportunities to get ahead and to give their children a better future through their daily efforts. The communal bank's meetings are held every 30 days at the central office of the Arariwa Association.

The economic activities of some of the members are, for example, selling food, selling hens and guinea pigs, selling handicrafts, selling hay, selling stuffed peppers, and selling tamales. Other members provide services such as child care and manual labor.

Neil is 24 years old and has one child. She was born in Cusipata district, located 45 minutes from the city of Cusco, and she currently lives in the city of Cusco. Since she was 11 years old, Neil has been surrounded by the business of selling tamales. Her sister-in-law Nayda went into the business of preparing tamales, and Neil helped her sell the tamales in the buses that travel from the city of Sicuani to Cusco. She got into the buses and asked the drivers if she could offer her tamales to the passengers. Several years ago, she got married and had to come live in the city of Cusco to be with her husband.

Determined to start a new life, she moved to Cusco. She used her savings to prepare tamales and sell them at the bus station in Cusco, where she gets on the buses and offers them to the travelers. She can be found at the terminal 7 days a week, from 5 in the morning until 6 in the evening, or until the tamales run out. She sells tamales in two varieties, sweet and savory, at a price of 0.50 soles each.

For her next loan, Neil hopes to receive 1000 Peruvian soles. She would like to buy corn, corn husks, sugar, eggs, raisins and many more ingredients. At present, Neil is worried because the director of the bus terminal wants to evict her; he is requiring her to rent a sales stand, but she does not have enough money to rent one. Her dream is to open a small food store in her home, and she would like to become a microentrepreneur.
View original language description ↓
El banco comunal “Sumac Puririsun” actualmente se encuentra en el III 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, venta de comida, venta de cuyes y gallinas, venta de artesanía, venta de pasto, venta de rocoto relleno y venta de tamales. Otros socios brindan servicios de cuidado de niños y obrero.

Neil, tiene 24 años y tiene un hijo, ella nació en el distrito Cusipata que esta ubicado a 45 minutos de la ciudad del Cusco y actualmente vive en la ciudad del Cusco. Neil desde los 11 años está rodeada del negocio de venta de tamales. Su cuñada Nayda se dedicaba a la preparación de tamales y Neil le ayudaba a su cuñada a vender los tamales en los buses que se dirigían de la ciudad de Sicuani a la ciudad del Cusco. Ella subía a los carros y se suplicaba a los choferes para que ella pueda ofrecer sus tamales. Hace varios años atrás se caso y tuvo que venirse a vivir a la ciudad del Cusco para esta al lado de su esposo.

Decidida a empezar una nueva vida, se mudo al Cusco. Utilizo sus ahorros para preparar y vender los tamales en el terminal terrestre de buses de la ciudad del Cusco, donde ella sube a los buses y ofrece a los viajeros. La pueden encontrar en el terminal, los 7 días de la semana, desde las 5 de la mañana hasta las 6 de la tarde o hasta que se agote los tamales, Ella vende tamales de dos sabores de sal y de azúcar a un costo de 0.50 soles cada tamal.

Con su próximo préstamo, Neil espera recibir S/. 1000 soles. Le gustaría comprar maíz, hoja de planta de maíz, azúcar, huevos, pasas y muchos insumos más. Por ahora, Neil está preocupada porque el director del terminal le quiere desalojar y le está obligando a alquilar un puesto D. venta pero ella no cuenta con suficiente dinero para alquilar. El sueño de la socia es abrir una pequeña tienda de venta de comestibles en su domicilio y desea convertirse en una microempresaria.

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
  • 88
    View loans »
    Peru Loans Fundraising
  • $55,985,050
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Sumac Puririsun Group's $4,050 loan helped a member buying corn, corn husks, sugar, eggs, raisins and many more supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 14, 2010
Listed
Aug 1, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010