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Los Comerciantes De Virgen Asunta Group
In this Group: Eugenia , Ciprian , Francisco , Libia , Oscar , Mauro , Franklin Celso , Martin , Eduardo , Leonarda , Walter , Alberto
Eugenia belongs to the "LOS COMERCIANTES DE VIRGEN ASUNTA" community bank which is located in Iscuchaka district, in Anta province, in Cusco department.

Eugenia is 36 years old. She has 3 children and her business is buying and selling clothes. In addition, from the same stall, she sells an assortment of articles such as shoelaces for shoes and sneakers, shoe polish, mirrors of all sizes, combs, pens etc. She would like to invest her loan money in buying merchandise: household items. She is requesting this loan to buy merchandise.

In the group photo, their advisor Hernán appears with them and the wife of Eduardo, one of the group's members, also appears in the photo. Eugenia appreciates the loan that she is being offered and pledges to make her repayments on time.
View original language description ↓
La socia pertenece al banco comunal “LOS COMERCIANTES DE VIRGEN ASUNTA”; El banco comunal está ubicado en el distrito de iscuchaka, provincia de Anta, departamento de Cusco.

La socia es la Sra. Eugenia; La socia tiene 36 años de edad, la socia tiene 3 hijos, y la socia se dedica a la compra y venta de ropa paralelo a esto en su mismo stand ella vende pasamanería, la pasamanería consta de un surtido de artículos tales como, pasadores para zapatos y zapatillas, betún, espejos de todo tamaño, peines, click y otros. La socia desea invertir su crédito en la compra de mercadería de tipo menaje ría; la socia solicita el préstamo para invertir en la compra de mercadería.

En la foto de grupo sale el asesor Hernán junto con ellos y la esposa del socio eduardo también esta en la foto.

La socia valora el préstamo y se compromete a cumplir con el pago de 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
  • 93
    View loans »
    Peru Loans Fundraising
  • $57,986,025
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Comerciantes De Virgen Asunta Group's $4,725 loan helped a member to invest in buying merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 29, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011