Apu Katunki Group
Nohemi is 26 years old and is a single mother with a son. She works selling stone handicrafts in the different artisanal markets. She sells wholesale, meaning that she sells as a wholesaler. She is requesting the loan to invest in the purchase of stone handicrafts.
The other group members work in civil construction, candy sales, chicha sales, vegetable sales, and grocery sales.
The group members are grateful for and value the loan provided and they promise to make their payments according to the established time frame.
La socia es la Sra. Nohemi, ella tiene 26 años D. edad, es madre soltera; y tiene 1 hijo; La socia se dedica a trabajar en artesanía en piedra, la socia venD. en las diferentes ferias artesanales sus productos, ella venD. al por mayor, lo que quiere decir que venD. como mayorista; La socia solicita el préstamo para invertir en la compra D. artesanía en piedra.
Los otros socios trabajan en construcción civil, venta D. golosinas, venta D. chicha, venta D. verduras, venta D. productos D. abarrotes.
La socia agradece y valora el préstamo otorgado mediante este medio y del mismo modo se compromete en cumplir con el pago D. 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