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San Antonio Group
In this Group: Josefina, Edmundo, Agripina, Angel Victoriano, Nazaria, Laura, Vicente, Filomena, Petronila, Edgar, Sofia
These members belong to the “SAN ANTONIO” communal bank. The bank is located in the Urubamba district, in the province of Urubamba and department of Cusco.

The borrower's name is Sofía; she is married and has two children. She works preparing cakes and pastries, which she does independently, and then she sells them in various stores and cafeterias. She also prepares her products for various events, such as weddings, baptisms and others. She would like to take classes in pastry making, so that she can learn to make additional types of cakes and pastries. She is requesting the loan to buy supplies to prepare cakes, and also to buy some construction materials for her house.

The other members work in ranching, carpentry, pastry- and dessert making, restaurant operation and the sale of chicha [a traditional beverage].

The borrower would like to thank those who are making her dream possible in this way, and she is committed to making her payments on time.
View original language description ↓
Los socios pertenecen al banco comunal “SAN ANTONIO”; Este banco se ubicada en el distrito D. Urubamba, perteneciente a la provincia D. Urubamba y departamento D. Cusco.


La socia es la Sra. Sofía; ella es casada y tiene 2 Hijos; La socia trabaja preparando tortas y pasteles, ella los hace en forma independiente y luego los venD. en las diferentes tiendas o cafeterías, también prepara para diferentes eventos como matrimonios, bautizos y otros compromisos, ella le gustaría estudiar repostería y así poder aprender más tipos D. tortas y pasteles. La socia solicita el préstamo para comprar insumos para preparar las tortas y también para comprar algunos materiales para la construcción D. su casa.


Los otros socios se dedican a la ganadería, carpintería, pastelería y repostería, restaurant, venta D. chicha.


La socia agradece a quienes forman parte D. este sueño mediante este medio y 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
  • 113
    View loans »
    Peru Loans Fundraising
  • $56,074,975
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of San Antonio Group's $3,375 loan helped a member buying supplies to make cakes, and also buying some construction materials for her home.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2010
Listed
Oct 22, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011