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Mamacha Asunta Group
In this Group: Maribell, Luz Marina, Omar, Hilda, Fredy, Francis Reiza, Dino, Pedro, Derly Hubert, Raul, Ricardo*, Irene, Gloria
* not pictured
The members belong to the “MAMACHA ASUNTA” communal bank located in Calca District which belongs to Calca Province and Cusco Department.

Maribell, 32, is the member. She has a spouse and two children. She runs a snack bar at a school in the city of Calca. She makes sandwiches, beverages and ice cream, among other products to sell. She supports her children with this business. She is asking for a loan to buy ingredients to cook in her snack bar.

The other members bake cakes, sell beer, proviD. taxi services, run beauty salons and proviD. mototaxi services.

She is grateful to those who share her dream through this means and commits to repay in a timely fashion.
View original language description ↓
Los socios pertenecen al banco comunal “MAMACHA ASUNTA”; Este banco se ubicada en el distrito D. Calca, perteneciente a la provincia D. Calca y departamento D. Cusco.

La socia es la Sra. Maribell; ella es conviviente y tiene 32 años y tiene 2 hijos; La socia trabaja con su negocio D. cafetín, ella tiene el cafetín en el colegio D. la ciudad D. Calca, ella prepara sándwich, refrescos, helados entre otros productos para vender, la socia por medio D. este negocio saca adelante a sus hijos, la socia quiere ampliar y mejorar el negocio D. cafetín. La socia solicita el préstamo para comprar productos para cocinar para el negocio D. cafetín.


Los otros socios se dedican al negocio D. pasteles, venta D. cerveza, servicio D. taxi, negocio D. salón D. belleza y servicio D. mototaxi.

La socia agradece a quienes forman parte D. este sueño mediante este medio y se compromete a cumplir con el pago D. 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
  • 82
    View loans »
    Peru Loans Fundraising
  • $55,213,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Mamacha Asunta Group's $3,800 loan helped a member to buy food preparation ingredients.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2011
Listed
May 8, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2011