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Batan Orcco Group
In this Group: Martha, Narcisa, Justa Beatriz, Julia, Florencia, Cornelia, Margarita, Maria Luiza, Margoth, Carmen Isabel
The member is in the “BATAN ORCCO” (To Return Above) communal bank located in Huaro, Quispicanchis province, Cusco department.

Julia is married and has 4 children. She is 51 years old. She sells traditional maicillos (corn flour cookies) and tamales. She is also the President of this likable group of enterprising, affectionate women. She has sold maicillos in Huaro and tamales on weekends in Urcos district since the year 2000. She is asking for funds to buy ingredients like flour and corn.

The other group members alternate their chores with selling tamales, corn drinks, milk and cherries, food, groceries, clothing, farm animals and corn.

Julia is grateful for and values the loan granted this way and at the same time commits to repay in a timely fashion.
View original language description ↓
La socia pertenece al banco comunal “BATAN ORCCO”; este banco está situado en el distrito D. Huaro, provincia D. Quispicanchis, departamento D. Cusco.

La socia es la Sra. Julia; La socia es casada ella tiene 4 hijos y ella tiene 51 años D. edad; Ella se dedica a la venta y elaboración D. maicillos tradicionales y tamales. La socia es también la presidenta D. este simpático grupo D. mujeres emprendedoras y cariñosas, ella se dedica a la venta D. maicillos en el distrito D. Huaro y a la venta D. tamales los fines D. semana en el distrito D. Urcos. DesD. el año 2000, La socia solicita el préstamo para comprar ingredientes como harina y maíz.

Las otras socias alternan sus actividades con la venta D. tamales, ponches D. maíz, leche y guinda, venta D. comida, tienda D. abarrotes, crianza D. animales venta D. ropa, compra y venta D. maíz.
La socia agradece y valora el préstamo otorgado mediante este medio y del mismo modo se compromete a cumplir con el pago D. sus cuotas en el plazo establecido.

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
  • 63
    View loans »
    Peru Loans Fundraising
  • $53,993,575
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Batan Orcco Group's $2,700 loan helped a member to buy ingredients like flour and corn.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2010
Listed
Oct 8, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011