The member is Luisa; she is 65 years old and is married and has 6 children; the member owns a tourist restaurant which is located on one of the streets of the city of Cusco called Recoleta, she works from 8:00 a.m until 9:00 p.m, she prepares different dishes which are typical of the city of Cusco such as chairo ( it is a soup with vegetables), stuffed hot peppers, roasted suckling pig among other various dishes, the member wants to improve and expand the restaurant. The member is requesting the loan to set up the restaurant by buying utensils for the kitchen.
The other members work as a seamstress, sell clothes in the commercial center, have a calling business, and a restaurant.
The member is grateful to whoever forms part of this dream through these means and promises to complete the payment installments in the established period.
La socia es la Sra. Luisa; ella tiene 65 años de edad y es casada y tiene 6 Hijos; La socia es propietaria de un restaurant turístico que queda ubicado en una de las calles de la ciudad de Cusco llamada Recoleta, ella trabaja desde las 8:00 a.m hasta las 9:00 p.m ,ella prepara diferentes platos típicos de la ciudad de Cusco como chairo ( es como una sopa con verduras),rocoto relleno, lechón al horno ( chancho al horno) entre otro platos variados, la socia quiere mejorar el restaurant y ampliar. La socia solicita el préstamo para implementar el restaurant para comprar utensilios para la cocina.
Los otros socios se dedican la costureria, venta de ropa en el centro comercial, negocio de llamadas, restaurant.
La socia agradece a quienes forman parte de este sueño mediante este medio y se compromete a cumplir con el pago de sus cuotas en el plazo establecido.
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