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Sacro Group
In this Group: Alberto , Victoria , Andrea , Tito Doroteo , Placida , Martha Fidelia , Mariano Nieves , Margarita, Valeria , Yuri *, Zelmira *, Eulalia
* not pictured
Eulalia belongs to the “SACRO” community bank. She lives in the rural community of Qollana, in Chincheros district, in Urubamba province, in Cusco department.

Eulalia is 44 years old. She is married and has 3 children. She buys and sells farming products. She has land of her own where she grows corn, potatoes and vegetables which she sells wholesale and retail. She also raises young animals that she fattens and then sells. She has cattle in Cruz Pata and since the year 2000 she has been buying young cattle as often as she can to raise. She divides her time with great care between her three business activities. She would now like to save a little so that she can buy another cow to increase her animal production and sale business. She will also invest in buying seeds for her farm.

Eulalia is requesting her loan to invest in buying a young cow and seeds. The other members of the group work in livestock farming, crop farming, raising young animals, selling meals, plumbing and construction work.

Eulalia is grateful for the loan that she is being offered and she pledges to continue working hard so that she can make her repayments and improve her business.
View original language description ↓
La socia pertenece al banco comunal "SACRO"; la socia vive en la comunidad campesina de Qollana distrito de Chincheros y provincia de Urubamba, departamento de Cusco.

La socia es la Sra. Eulalia: ella tiene 44 años de edad ella es casada y tiene 3 hijos; la socia se dedica a la compra y venta de productos agrícolas, la socia tiene sus terrenos y siembra maíz, papa, verduras y los vende al por mayor y menor, la socia también cría animale smenores y los engorda y los vende luego de procrearse, la socia tiene en cruz pata sus ganados y desde el año 2000 ella viene comprando cada ves que puede ganados pequeños y los cría y divide su tiempo con mucho esmero y cariñoi en estas sus tres actividades, La socia ahora desea ahorrar un poco para poder comprar otro animal vacuno para aumentar su producción y venta de animales y también invertirá en la compra de semillas para la agricultura. La foto tiene anexada a ela tres socios uno es el Sr Doroteo, que por motivos de salud no pudo estar presente el día de la reunión, y vino hasta la oficina en Cusco para que se le otorgue el permiso; Las otras dos Sras: son Valeria y Fidelia, las socias se fueron a sus chacras muy temprano por la mañana cuando aún el grupo no se reunia y esta foto fué tomada tres días despues de igual modo a la otra socia.

La socia solicita el prestamo para invertir en la compra de un pequeño ganado y de semillas para la agricultura.
Los otros socios se dedican a la ganadería, a la agricultura, a la crianza de animales menores, a la venta de comidas, a las obras de gasfitería y albañilería.

La socia agradece el préstamo que se le otorgará y se compromete a seguir trabajando con mucho ahincó para cumplir con los pagos y mejorar su negocio.



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
  • 36
    View loans »
    Peru Loans Fundraising
  • $55,833,225
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Sacro Group's $3,800 loan helped a member to invest in each of her three businesses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2010
Listed
Dec 21, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011