Señor Del Calvario De Calca Group
Marco Alejandro is a member of this group. He is 60 years old, married, and has 6 children. He divides his time between his daily activities and his business selling construction supplies such as bricks, cement, stones, sand and other products. He used to be a teacher and decided to invest his money in this business which is going very well. He works together with his wife. He is a very cheerful person who has a great desire to get ahead in life for his family's sake.
Marco Alejandro is requesting this loan to buy construction supplies so that he has a greater variety of products to offer his customers.
The other members of this group have businesses which include: running a grocery store, buying and selling children's clothes, selling 'chicha de jora' (a traditional, corn-based drink), and running a store selling agricultural and veterinary products. Marco Alejandro feels happy to be receiving his loan and pledges to make his repayments on time.
El socio es el Sr. Marco Alejandro; el tiene 60 años de edad y es casado y tiene 6 hijos; El socio alterna sus actividades diarias con el negocio de venta de materiales de construcción como ladrillos, cemento, piedras, arena entre otros mas, él socio es profesor cesante y decidió invertir su dinero en este negocio el cual le esta yendo muy bien y trabaja conjuntamente con su esposa, él socio es una persona bien alegre y con muchas ganas de seguir adelante por su familia.
El socio solicita el préstamo para la compra de materiales de construcción para así tener más variedad que ofrecer a sus clientes.
Los otros socios se dedican al negocio de tienda de abarrotes, compra y venta de ropa para niños, venta de chicha de jora y una tienda de agroveterianaria.
El socio 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.
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Success!! The loan was 100% repaid