Señor De Cautivo Group
Marina is a member of the community bank. She is 42 years old, married, and has four children. She works selling chicha (a corn-based drink) as well as selling animals such as guinea pigs, chickens, and pigs. She sells chicha and raises her animals in her home and then sells them in the market in Urubamba. She would like to build her house. She is asking for this loan to purchase construction materials such as plaster, cement, and sand to finish building her house.
The other group members work selling chicha, in transportation, at a grocery store, as a construction worker, and at a mechanic shop.
Marina thanks those who are part of this dream and promises to make her payments at the established times.
La socia es la Sra. Marina; ella es casada y tiene 42 años y 4 hijos; La socia trabaja en su negocio de venta de chicha (bebida a base de maíz), la socia también vende animales menores como cuyes, pollos y chanchos, la socia vende la chicha y cría a sus animales en su casa y luego los vende en el mercado de Urubamba, la socia quiere construir su casa. La socia solicita el préstamo para comprar materiales de construcción como yeso, cemento y arena y acabar de construir su casa.
Los otros socios se dedican la venta de chicha, transporte, tienda de abarrotes, maestro de construcción y taller mecanico.
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.
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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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Success!! The loan was 100% repaid