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Señor Pan De Azucar De Sacllo Group
In this Group: Benita, Patricia, Angelica, Carmen, Vilma, Cirila, Rufina, Petronila, Basilia, Dolores, Paulina Macaria
The partners are part of the village bank "Pan D. Azucar D. Sacllo". This bank is located in the district of Calca, which is part of the province of Calca and the department of Cusco.

Benita is 49 years old, married and has 8 children. She practices farming and raises cattle. She grows potatoes, corn and barley, among other things, and also sells cow's milk to the markets in the Sacred Valley, for example Urubamba, Calca and Ollantaytambo. She is a very happy and enterprising woman who really wants to help her family get ahead, and even more so now that one of her daughters is studying nursing at the private university. She is very pleased that she is helping her daughter in the way that she needs.

She is asking for a loan for her daughter's university studies.

The other members of the group participate in agriculture, raising livestock, and selling chicha D. jora (a corn-based drink). All of the members do only these things.

Benita feels very happy about the loan and promises to meet the payments.
View original language description ↓
Los socios pertenecen al banco comunal “PAN D. AZUCAR D. SACLLO”; Este banco se ubicado en el distrito D. Calca, perteneciente a la provincia D. Calca y departamento D. Cusco.

La socia es la Sra. Benita; ella tiene 49 años D. edad y es casado y tiene 8 hijos; La socia se dedica a la agricultura y ganadería ella cultiva lo que son papa, maíz, cebada entre otros, a la vez venD. leche D. vaca a los mercados que se encuentran en el valle sagrado como Urubamba, Calca y Ollantaytambo, la socia es una persona bien alegre y emprendedora y con muchas ganas D. salir adelante por su familia y más ahora que una D. sus hijas está estudiando en una Universidad privada la carrera D. enfermería, la socia está muy contenta ya que está apoyando a su hija que más lo necesita.

La socia solicita el préstamo para los estudios universitarios D. su hija.

Los otros socios se dedican a la agricultura, ganadería y a la venta D. chicha D. jora (hecho a base D. maíz), todas las socias solo se dedican a esta actividad.

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

  • $6,715
    Average annual income
  • 96
    View loans »
    Peru Loans Fundraising
  • $56,037,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Señor Pan De Azucar De Sacllo Group's $2,400 loan helped a member to pay for university for her daughter.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2011
Listed
Mar 20, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011