Soledad is 25 yaers old and she has a won. She was born in the city of Ollantaytambo but she currently lives in the community of Phiry. Eight years ago Soledad opened a restaurant in her house where she sells foods to her neighbours. Soledad also raises livestock such as guinea pigs, for consumption.
The loan she has requested is in the amount of S/300 soles. At the moment her restaurant is modestly stocked with the basic necessities. She would like to invest the funds to purchase ingredients such as rice, sugar, spaghetti and various other items. The dream of this member is to become a successful business woman and would like to operate several franchise locales in the city of Ollantaytambo.
Soledad is one of the founding members of this Community Bank and she has been elected as secretary of the group because she is very punctual and responsible. She has been in this position various times before and it has worked out very well thanks to her charisma and positive outlook.
Soledad, tiene 25 años y tiene un hijo, ella nació en la ciudad D. Ollantaytambo y actualmente vive en la comunidad D. Phiry. Hace ocho años atrás, Soledad abrió un restaurante, en su domicilio, donD. venD. comida a sus vecinos. Soledad también se dedica a la crianza D. animales menores como por ejemplo cuyes pero para consumo.
Con su próximo préstamo, Soledad espera recibir S/. 300 soles. Por el momento, su restaurante esta modestamente implementado con las necesidades básicas. Le gustaría emplear el dinero para comprar más insumos como por ejemplo arroz, azúcar, fideos y muchas cosas más. El sueño D. la socia es convertirse en una prospera empresaria y desea abrir varios restaurantes en la ciudad D. Ollantaytambo.
Soledad es una D. las socias fundadoras del banco comunal y la escogieron como la secretaria porque es una persona puntual y responsable. Ya son varias veces que está en el cargo y le va muy bien gracias al carisma y buena voluntad que tiene.
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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Success!! The loan was 100% repaid