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Ccori Chuspa Group
In this Group: Elizabeth , Hipolita , Margarita , Marina , Vilma , Orlando, Karina , Mabel Edith, Daniel , Elio , Hilda Leonor , Yure , Ruth Lidia*
* not pictured
Mabel, 42, is a member of the “CCORI CHUSPA” communal bank located in Urubamba District, Urubamba Province and Cusco Department. She is married and has three children. She alternates her household chores with tending to her grocery store in the beautiful Sacred Valley of the Incas. She has a store on the ground floor of her house where she sells all sorts of basic need items to which she’s added such things as school supplies like notebooks, mechanical pencils, erasers, rulers, construction paper and paper, among others. She wants the loan to buy basic need items.

The other members are farmers, raise small farm animals, teach or are in nursing.

Mabel appreciates the loan and commits to repay in a timely fashion.
View original language description ↓
La socia pertenece al banco comunal “CCORI CHUSPA”; El banco comunal está ubicado en el Distrito de Urubamba Provincia de Urubamba y Departamento del Cusco.

La socia es la Sra. Mabel; La socia tiene 42 años de edad, la socia es casada y tiene 3 hijos; la socia alterna sus actividades del hogar con la atención de su tienda de abarrotes en el bello valle sagrado de los inkas, la socia tiene una tienda en la parte baja de sus casa y ella vende todo tipo de productos de primera necesidad y los complementa con algunos útiles escolares como cuadernos, lapiceros, borradores, reglas, cartulinas, papeles entre otros. La socia desea el crédito para invertir en la compra de productos de primera necesidad.

Los otros socios se dedican a la agricultura, a la crianza de animales menores, a la docencia, a la enfermería.
La socia valora el préstamo 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
  • 82
    View loans »
    Peru Loans Fundraising
  • $55,191,575
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Ccori Chuspa Group's $3,600 loan helped a member to buy stock merchandise for her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2011
Listed
May 21, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011