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Cusco Sur Group
In this Group: Jose, Cledy, Esteban, Dora Yanet, Victor, Santy*, Gloria, Milton, Carminia*, Braulio Luis, Miguel Angel, Maria Elena, Maydee Dayana, Elsa, Henry Anderson
* not pictured
These members are part of the Communal Bank “Cusco Sur” which is located in the District, Province, and Department of Cusco.


One of the members is Sr. Jose. He is 38 years old, married, and has three children. Jose divides his time between his daily activities and his transportation business. He owns a vehicle, a truck that is used for moving. Jose also does advertising for different private and public institutions. He works from 7am to 6pm. Through these business activities, he is able to help his children get ahead. Jose wants to expand both his transportation and advertising businesses because they allow him to move his children forward. For this reason, he wants to improve his transportation business and proviD. better moving services. The loan he is requesting will be used to maintain his vehicle and buy parts for his truck.


Jose is happy with the loan and promises to complete his payments. The other members have businesses that involve washing cars, providing transportation services, selling handicrafts, selling fruit, and selling groceries.


Jose is grateful to those who helped fulfill this part of his dream, so he promises to complete his payments according to the established terms.

View original language description ↓
Los socios pertenecen al banco comunal “CUSCO SUR”; Este banco se ubicada en el distrito D. Cusco, perteneciente a la provincia D. Cusco y departamento D. Cusco.

El socio es el Sr. Jose; el tiene 38 años D. edad y es casado y tiene 3 hijo; El socio alterna sus actividades diarias con el negocio D. transporte, el tiene una movilidad D. mudanza, el tiene una camioneta que realiza mudanzas y también se dedica a la publicidad D. diferentes instituciones tanto privadas y públicas, el socio trabaja desD. las 7:00 a.m hasta las 6:00 p.m,por medio D. estos trabajos saca adelante a sus hijos, la socia quiere ampliar el negocio D. transporte y también negocio D. publicidad, por medio D. estos trabajos el socio saca adelante a sus hijos, el socio quiere ampliar el negocio D. transporte y mejorar el servicio D. mudanza. El socio solicita el préstamo para el mantenimiento D. su carro, para vender repuestos para su camioneta.

El socio está feliz por el préstamo y se compromete a cumplir con los pagos D. su cuota.
Los otros socios se dedican al negocio D. venta D. lavado D. carros, negocio D. transporte, negocio D. venta D. artesanía, negocio D. venta D. frutas, negocio D. tienda D. abarrotes.


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
  • 35
    View loans »
    Peru Loans Fundraising
  • $54,501,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Cusco Sur Group's $3,600 loan helped a member to pay for maintenance and spare parts for the truck used in his moving business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2011
Listed
Jul 25, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2011