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Kusikoyllor Group
In this Group: Irma Aurora, Emma Elvira, Yeny , Sonia*, Cami Irma, Balbina, Lucia, Elena, Loaiza Hermila, Rosa, Viky Judith, Valentina, Yosue Carmen*
* not pictured
The members belong to the community bank "Kusikoyllor", which is located in the district of Cusco, belonging to the province of Cusco and department of Cusco. The member's name is Irma Aurora, she is 57 years old, married and has two children. She is in the business of selling handicrafts; she makes knit work such as sweaters, pants, ties, and gloves. She also sells blankets, key rings, and dolls, all of which are artesanal. She works from 8am until 6pm, and wants to expand and improve her handicraft business. She is requesting the loan to buy handicrafts wholesale.


The other members are in the businesses of: selling food, restaurant, nursing, handicrafts, transport, and caring for children. Irma is thankful to those who form part of this dream through this means, and she commits to making the payments in the established time frame.

View original language description ↓

Los socios pertenecen al banco comunal “KUSIKOYLLOR”; Este banco se ubicada en el distrito D. Cusco, perteneciente a la provincia D. Cusco y departamento D. Cusco.

La socia es la Sra. Irma Aurora; ella tiene 57 años D. edad y es casada y tiene 2 hijos; La socia se dedica a la venta D. artesanías, ella hace tejidos como chompas, pantalones, chalinas y guantes, la socia venD. también mantas, llaveros y muñecas todos son artesanía, al socia trabaja desD. las 8:00 a.m hasta las 6:00 p.m, la socia quiere ampliar y mejorar el negocio D. artesanía. La socia solicita el préstamo para comprar artesanía al por mayor.

Los otros socios se dedican a la venta D. comida, restaurant, enfermera, artesanía, transporte y cuidado D. niños.

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

  • $12,000
    Average annual income
  • 107
    View loans »
    Peru Loans Fundraising
  • $57,932,425
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Kusikoyllor Group's $3,575 loan helped a member the member is requesting the loan to buy handicrafts wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2010
Listed
Nov 23, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011