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Los Girasoles De Compone Group
In this Group: Modesta , Marlene, Leonardo , Ernestina , Urbelinda*, Evarista , Ernestina, Elisa , Karinow , Rene, Julia, Grimanesa, Edith, Francisca
* not pictured
Modesta belongs to the “Los Girasoles de Compone” (The Compone Sunflowers) Communal Bank. The bank is located in the Escuchaka district, Anta province, Cusco department.

Modesta is 56 years old, married, and has six children. She raises small animals. She buys guinea pigs and poultry like chickens, hens, and roosters. She also buys and sells milk. She works in an independent manner. That is how she wishes to continue because this type of work is profitable.

She and her husband have cows. She sells the milk that the cows produce. Once a week she makes cheeses and yogurt.

She wants the loan to buy small animals in order to expand her business. She will buy guinea pigs and birds wholesale. She is requesting the loan to buy small animals.

Other members are farmers. Some sell milk and its derivatives like cheese and yogurt. Other members sell vegetables and corn.

She values the loan and pledges to make her payments on time.
View original language description ↓

La socia pertenece al banco comunal “LOS GIRASOLES DE COMPONE”; El banco comunal está ubicado en el distrito de Iscuchaka, la provincia de Anta y departamento del Cusco.

La socia es la Sra. Modesta; La socia tiene 56 años de edad, la socia es conviviente y tiene 6 hijos; La socia se dedica a la crianza de animales menores; la socia compra cuyes, aves de corral como pollos, gallinas, gallos, la socia también se dedica a la compra y venta de leche, la socia trabaja de forma independiente y es así como ella desea continuar ya que es rentable su forma de trabajo, la socia tiene vacas junto a su conyugue y ella vende la leche que las vacas producen y una vez por semana elabora quesos y yogur. La socia desea el préstamo para invertir en la compra de animales menores para incrementar su negocio, la socia comprara cuyes y aves al por mayor. La socia solicita el préstamo para invertir en la compra de animales menores.

Los otros socios se dedican a la agricultura, otras venden leche y derivados como queso y yogur, otros socios venden verduras, maíz.

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

  • $6,715
    Average annual income
  • 101
    View loans »
    Peru Loans Fundraising
  • $55,006,475
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Girasoles De Compone Group's $3,825 loan helped a member to buy small animals.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 6, 2011
Listed
Jan 11, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011