One of the members is Hilda. She is married, is 43 years old, and has three children. She works with her business of raising birds. She raises chickens. She fattens them and makes them grow. Then, she sells them to places like Izcuchaca. She also has a business where she sells sweaters. She weaves the sweaters and then sells them as a street vendor. By means of these businesses she helps her children get ahead. She wants to grow and improve her businesses of bird raising and sweater selling. She is asking for this loan to buy chickens and also to buy wool to weave the sweaters.
The other members have a restaurant business, sell vegetables, have a chocolate business, and sell crafts.
Hilda is thankful to those who form part of this dream through this means. She promises to follow through with the payment of her dues in the established location.
La socia es la Sra. Hilda; ella es casado y tiene 43 años y tiene 3 hijos; La socia trabaja con su negocio D. crianza D. aves, ella cría pollos, los hace engordar y crecer y luego lo venD. en lugares como Izcuchaca,la socia también se dedica al negocio D. venta D. chompas, ella teje las chompas y luego lo venD. en forma ambulatoria, por medio D. estos negocios la socia saca adelante a sus hijos, la socia quiere ampliar y mejorar el negocio D. crianza D. aves y negocio D. venta D. chompas. La socia solicita el préstamo para comprar pollos y también para comprar lanas para que tejer las chompas.
Los otros socios se dedican al negocio D. restaurant, venta D. verduras, negocio D. venta D. chocolates, negocio D. venta D. artesania.
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.
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