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Salud Group
In this Group: Nancy Nicanora, Rocio Luisa, Nacianzena, Bilarmina , Maria Elena , Adela , Agripino , Catalina , Modesto , Hermila, Fernando , Hilda , Leandro , Guillermina Isabel , Gabriela , Jose Domingo , Monica
These individuals belong to the communal bank "Salud." This bank is located in the city of Cusco in the Huanchac district, which is part of the province and department of Cusco.

One member is Catalina, 53, who is divorced and works selling Salchipapas on the corner in front of her house. This is a delicious dish, made from fried potatoes and slices of fried sausages, along with mayonnaise, mustard and other accompaniments. Catalina also sells beauty products from a catalog. She is requesting a loan to invest in the purchase of supplies for her salchipapas business to buy at wholesale. She will purchase potatoes, sausages, and other items.

These members alternate their activities, such as teaching and working in the public sector, with the sale of stuffed animals and other items.

Catalina appreciates and values the loan, and is committed to making the payments according to the established schedule.
View original language description ↓

Los socios pertenecen al banco comunal "SALUD"; este banco se encuantra ubicado en la ciudad del Cusco en el distrito de Huancha perteneciendo a la provincia del Cusco y departamento de Cusco.

La socia es la Sra. Catalina, tiene 53 años de edad, la socia es divorciada y trabaaj vendiendo en la esquina de sus casa Salchipapas, una deliciosa comida, esta hecho a base de papas fritas y salchichas fritas en rodajas acompañado de mayonesa, mostasa y otros, La socia también vende productos de belleza por catalogo. La scoai solicita el préstamo para invertir en la compra de insumos para su negocio de salchipapas y comprar al por mayor. La socia invertirá en la compra de papas, salchichas y otros.
Los otros socios alternan sus actividades con la docencia, trabajadores del sector publico, venta de peluches y otros.

La socia agradece y valora el prestamo comprometiendose a cumplir con el pago correspondiente en las cuotas establecidas.

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
  • 83
    View loans »
    Peru Loans Fundraising
  • $55,191,575
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Salud Group's $1,700 loan helped a member to invest in the purchase of potatoes, sausages and other supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2010
Listed
Oct 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011