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La Ñusta Iii Group
In this Group: Cerafina, Graciela Isabel, Raul, Analy, Damiana, Ana, Rene, Maria Isabel, Avelina, Ronald, Justina, Vilma
La Nusta III is a communal bank belonging to Asociacion Arariwa (Kiva Field Partner) in the city of Calca (Cusco, Peru). The communal bank meetings are held every thirty days at a member's house. In a meeting we met Cerafina.

Cerafina has been a member of the communal bank "La Nusta III" for the past year and recently, by decision of the entire group, she was granted the seat of president. In the photo she is seated and she has a raised hand. The entire group decided on the name of the communal bank "La Nusta III" because they all thought it was a good name. The group is made up of 12 members who have all been with Asociacion Arariwa for many years.

Cerafina was been in Valle de Lares (Calca, Cusco) and she is 52 years old. She is the mother of nine children, some are dependents and some are independent. Cerafina is involved in the sale of vegetables in different markets in the region, for example in the cities of Conchacalla, Choquecancha, Lares, Cachin, Calca, and Sontococha. Cerafina plans on investing the funds from her loan in the purchase of corn, potatoes, and vegetables. She does not have a sales stand, so instead she sells itinerantly in the cities mentioned.
View original language description ↓
LA ÑUSTA III es un banco comunal que pertenece a la Asociación Arariwa de la ciudad de Calca (Cusco, Perú). Las reuniones del banco comunal son cada treinta días en la casa de una de las socias. En la reunión conocimos a la socia Cerafina.

Cerafina es integrante del banco comunal “LA ÑUSTA III” hace 1 año y recientemente por decisión de todo el grupo le otorgaron el puesto de presidenta, en la foto sale la presidenta sale sentada y está levantando la mano. Entre todo el grupo decidieron ponerle ese nombre a su banco comunal “LA ÑUSTA III” porque a todos les pareció bien y les gusto ese nombre este grupo lo conforman 12 personas las cuales tienen ya vaR. años trabajando con la Asociación.

Cerafina nació en el valle de Lares (Calca, Cusco) y tiene 52 años de edad es una madre de nueves hijos los cuales son dependientes e independiente. Cerafina trabaja en lo que es la venta de verduras en diferentes mercados de la zona como por ejemplo en la ciudades de Conchacalla, Choquecancha, Lares, Cachin, Calca y Sontococha. Cerafina piensa invertir el dinero del préstamo en la compra de maíz, papa y verduras. Ella no tiene un puesto de venta si no se instala de forma ambulatoria en las ciudades antes mencionadas.

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
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,976,350
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Ñusta Iii Group's $2,775 loan helped a member to purchase corn, potatoes, and vegetables.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2011
Listed
Jul 6, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011