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Las Amistosas Group
In this Group: Jesus , Felicitas , Balvina , Juana , Cirila , Nicanor , Carlos Vidal , Inocencia , Juana , Haydee , Braulia , Shirley Franshesca , Rasaura
This member belongs to "The Friendly" Communal Bank, located in the district of UROC, Quispicanchis Province, Department of Cusco. Her name is Mrs. Braulia. She is 46 years old and married with three children. She sells chicha, a fermented beverage maD. of maize, and food from her house. Her business is situated in her home, and she herself ferments the maize and cooks for her guests. On the weekends, she travels to the fair where farmers gather to buy new cattle. It is there that she sells her home-cooked meals. She is requesting a loan to invest in buying food ingredients and also to purchase maize for chicha.

The other members work in bars and restaurants as well as in sales of breads, meals, mates, and dry goods.

Mrs. Braulia is grateful and appreciates receiving a loan through this process, and she promises to make her payments in a timely manner.
View original language description ↓
La socia pertenece al banco comunal “LAS AMISTOSAS”; este banco está situado en el distrito D. Urocos, provincia D. Quispicanchis, departamento D. Cusco.

La socia es la Sra. Braulia; La socia es casada ella tiene 3 hijos y ella tiene 46años D. edad; Ella se dedica a la venta D. chicha y comida en su casa, La socia tiene su negocio en casa y ella misma fermenta el maíz y también cocina para sus comensales, La socia lleva los fines D. semana a la tablada lugar donD. se reúnen todos los ganaderos para comprar nuevos ganados, ella aprovecha esta feria para vender sus comiditas caseras. La socia solicita el préstamo para invertir en la compra D. insumos para su comida y comprar también maíz para la chicha.

Los otros socios alternan sus actividades con la atención D. bar retaurant, venta D. panes, venta D. comidas, venta D. mates, venta D. productos secos.

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
  • 110
    View loans »
    Peru Loans Fundraising
  • $56,770,675
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Amistosas Group's $4,850 loan helped a member purchase of ingredients for food and also to buy corn for making chicha, a fermented beverage.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2010
Listed
Oct 8, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011