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Nuevo Amanecer La Rinconada Group
In this Group: Luz Erika, Luz Marina, Isabel, Laureana, Clara, Bernardina, Ines, Guillermina, Ambrocia, Carlota, Francisca, Claudia*, Miguel*, Maria Alejandrina, Mirela
* not pictured
These are members of the communal bank known as “Nuevo Amanecer la Rinconada.” This bank is located in the Andahuaylillas district, province of Quispicanchis, department of Cuzco.

This member is Mrs. Luz Ericka. She is 25 years old, lives with a partner, and has a child. Her business is selling animals; she sells chickens and ducks. She also works as a cook in a dining hall for children. She sells her animals by traveling around, for she has a small farm at her home. She wishes to expand and improve her animal-sales business, and requests a loan to buy animals such as chickens and ducks.

The other members work in farming, a general store, livestock, animal husbandry, and a restaurant.

This member is happy to have a loan, and commits to make payments as required.
View original language description ↓

Los socios pertenecen al banco comunal “NUEVO AMANECER LA RINCONADA”; Este banco se ubicada en el distrito de Andahuaylillas, perteneciente a la provincia de Quispicanchis y departamento de Cusco.

La socia es la Sra. Luz Ericka; ella tiene 25 años de edad y es conviviente y tiene 1 Hijo; La socia tiene un negocio de venta de animales, ella vende pollos y patos y también trabaja en un comedor para niños como cocinera, la socia el negocio de venta de animales lo vende en forma ambulatoria, ya que tiene una pequeña granja en su casa, la socia quiere ampliar y mejorar el negocio de venta de animales. La socia solicita el préstamo para comprar animales como pollos y patos.

Los otros socios se dedican la agricultura, tienda de abarrotes, ganadería, crianza de animales y restaurant.

La socia está feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.

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
  • 67
    View loans »
    Peru Loans Fundraising
  • $53,956,025
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuevo Amanecer La Rinconada Group's $4,225 loan helped a member this members requests a loan to buy animals, such as chickens and ducks.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2011
Listed
Feb 1, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011