Her name is Elena: she is 39 years old, married common-law, and the mother of 2 children. She has a convenience store from where she sells basic needs products, such as rice, sugar, and milk but she also sells other types of products, such as snacks, soft drinks, cooking oil, pastas and more. She is happy with her business and it is through this business that she is able to support her family. She is someone who perseveres with everything she sets out to do.
She requests a loan to purchase more merchandise for her convenience store, to add a greater variety of products to sell to her clients.
The other members have various businesses including, cell phone sales, convenience store, and timber sales. There are some members who are professionals, including teachers and a nurse.
She is very happy to have the loan and she is committed to making her payments.
La socia es la Sra. Elena; ella tiene 39 años de edad y es conviviente y tiene 2 hijos; La socia se dedica a su negocio de tienda de abarrotes ella vende productos de primera necesidad como arroz, azúcar y leche también vende otro tipo de productos como golosinas, gaseosas, aceites, fideos entre otros más, la socia está contenta con su negocio ya que mediante este ella saca a su familia adelante, la socia es una persona bien perseverante en todo lo que se propone.
La socia solicita el préstamo para la compra de más mercadería para su negocio de tienda de abarrotes y así poder tener más variedad de productos que ofrecer a sus clientes.
Los otros socios se dedican a la venta de celulares, tienda de abarrotes, venta de insumos forestales, también hay socios profesionales como profesores y una enfermera.
La socia se siente feliz por el préstamo y se compromete a cumplir con el pago de sus cuotas.
Important InformationAbout 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.
68View loans »
Success!! The loan was 100% repaid