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Agua Buena Group
In this Group: Matilde, Delia, Mery, Rosa Maria, Timotea, Isabel, Lucila*, Frida, Ines, Julia, Valentina
* not pictured
The members belong to the "Agua Buena" ("Good Water") community bank in the district, province and department of Cusco. One of the members is MatilD.. She is 56 years old, married and has four children. She makes a living buying and selling fruits and vegetables. She travels to other provinces to sell her products, such as to Urubamba, Calca and Ollantaytambo, especially for the Sunday markets. She also sells on the streets of Cusco itself. MatilD. is a very enterprising woman who has a strong desire to make headway. She is requesting the loan to purchase more merchandise for her fruits and vegetable business so she can have more variety to offer her customers. Some other members make a living selling fruits and vegetables like MatilD., while others raise livestock, sell wood or sell hand-woven items. The members feel happy about the loan and promise to make the payments on time.
View original language description ↓
Los socios pertenecen al banco comunal “AGUA BUENA ”; Este banco se ubicada en el distrito D. Cusco, perteneciente a la provincia D. Cusco y departamento D. Cusco.

La socia es la Sra. MatilD.; ella tiene 56 años D. edad y es casada y tiene 4 hijos; La socia se dedica a la compra y venta D. verduras y fruta, la socia viaja a provincia a vender su mercadería como a Urubamba, Calca y Ollantaytambo especialmente en las ferias dominicales, también venD. en el mismo Cusco siendo esta la única actividad que realiza por el momento la socia venD. D. forma ambulatoria, la socia es una persona bien emprendedora que tiene muchas ganas D. seguir adelante.

La socia solicita el préstamo para la compra D. más mercadería para su negocio D. venta D. fruta y verdura para sí poder tener más variedad y poder ofrecer a sus clientes.

Las otras socias se dedican al mismo negocio D. venta D. fruta y verduras, crianza D. animales, venta D. madera y venta D. tejidos hechos a mano.
La socia se siente feliz por el préstamo y se compromete a cumplir con el pago D. sus cuotas.

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
  • 101
    View loans »
    Peru Loans Fundraising
  • $58,002,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Agua Buena Group's $2,500 loan helped a member purchase more fruits and vegetables.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2011
Listed
Feb 2, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2011