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Sayhua Group
In this Group: Efrain , Gregoria , Glorinda , Tomasa, Ignacio, Beatriz , Jasub Dison , Mary Marisol *, Leonor *, Maria
* not pictured
Maria is a member of the "Sayhua" community bank which is located in Urubamba province, in Cusco department.

Maria is 34 years old, single and has three children aged 14, 12 and 10. She works for the town council, in warehousing. Maria also makes handicrafts. She makes income in this way in the month of June. She is requesting a loan so that she can buy the different materials she needs to make jewelry. She makes earrings, necklaces, bracelets, keychains and many other items. She also sells knitted products. This month is when Maria stocks her business so that she can start working in her free time. When June comes she will sell her products, taking advantage of the high season. Maria is requesting a loan to invest in buying merchandise so that she can make handicrafts and knitted items.

The other members of this group work in different businesses: farming, raising animals, construction work, grocery store, restaurant and others.

Maria is happy that she is being granted this loan and pledges to make her repayments in a disciplined manner, according to schedule.
View original language description ↓

La socia pertenece al banco comunal “SAYHUA”; Este banco está ubicado en la provincia D. Urubamba y departamento D. Cusco.

La socia es la Sra. Maria: es soltera y tiene 34 años D. edad; la socia tiene 3 hijos; 14, 12, 10 años D. edad; la socia trabaja en el municipio ella está en el área D. almacén; La socia alterna la artesanía, ella en realidad trabaja con este alternativa D. ingresos económicos en la época D. junio, la socia solicita para poder comprar los diferentes materiales para elaborar bisutería, ella hace aretes, collares, pulseras, llaveros y muchas cosas más, la socia también venD. tejidos, ella en este mes se abastece para poder empezar a trabajar en sus horas libres y llegado el mes D. junio la socia los venderá, aprovechando la época D. temporada alta. La socia solicita el préstamo para invertir en la compra D. mercadería para elaborar trabajos manuales y tejidos.
Los otros socios trabajan en diferentes actividades siendo la primera la agricultura, criado D. animales menores, obras, tienda D. abarrotes, restaurantes entre otros menores.

La socia se encuentra satisfecha y feliz con el préstamo a otorgar, comprometiéndose a cumplir D. forma disciplinada sus pagos en los plazos establecidos.

La socia está muy agradecida por el préstamo y se compromete a cumplir con los pagos D. dicho préstamo D. forma disciplinada.

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

  • $12,000
    Average annual income
  • 127
    View loans »
    Peru Loans Fundraising
  • $58,863,350
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Sayhua Group's $1,925 loan helped a member to buy different materials for making jewelry (earrings, necklaces and bracelets).
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Apr 28, 2011
May 6, 2011
Currency Exchange Loss:
Sep 15, 2011