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Virgen Maria De Inquilpata Group
In this Group: Sinforosa, Vilma, Irma, Mariela, Ricardina*, Elvis Mario, Silvia, Maria Asunta, Juan Alberto, Maruja, Erica, Luz Marina, Jose Carlos*
* not pictured
These members belong to the Communal Bank “Virgen Maria de Inquilpata” which is located in the District and Province of Anta, Department of Cusco.


One member is Sra. Sinforosa. She is 57 years old, married, and has seven children. Sinforosa earns her living by selling cheese and dried products. She sells at the market in Huancaro from 7am to 6pm. On a few occasions, she sells vegetables such as beans, peas, and carrots. Sinforosa wants to improve her business, so she is requesting a loan to buy cheese and vegetables.


The other members are engaged in retail businesses selling beverages, pigs, soft drinks, animals, and construction materials. They are grateful to those who have helped them fulfill their dreams, so they promise to complete their payments on time.

View original language description ↓
Los socios pertenecen al banco comunal “VIRGEN MARIA DE INQUILPATA”; Este banco se ubicada en el distrito de Anta, perteneciente a la provincia de Anta y departamento de Cusco.

La socia es la Sra. Sinforosa; ella es casada y tiene 57 años y 7 hijos; La socia trabaja en su negocio de venta de queso y también vende productos secos, ella vende en el mercado de Huancaro desde las 7:00 a.m hasta 6:00 p.m y en algunas oportunidades la socia vende verduras como habas, arvejas y zanahorias, la socia quiere mejorar el negocio de venta de queso y venta de verduras. La socia solicita el préstamo para comprar queso y verduras.


Los otros socios se dedican la venta de bebidas, venta de chanchos, venta de bebidas, venta de animales y venta de materiales de construcción.


La socia agradece a quienes forman parte de este sueño mediante este medio 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
  • 96
    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 Virgen Maria De Inquilpata Group's $4,025 loan helped a member to purchase cheese and vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 29, 2011
Listed
Apr 5, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011