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Qochasaywas Group
In this Group: Nisida Ruth, Luis Pedro, Saturnina, Ida Ruth, Maritza, Carmen Rosa, Renee*, Maria Elena, Liuba Luz, Bertha
* not pictured
Nisida was born in the city of Grau - Progreso, in the department of Apurímac. At present, she lives in the city of Cuzco (in the photograph, Nisida is raising her hand).

Nisida is in a common law marriage and is expecting a baby. She is eight months pregnant. She is young, hardworking and responsible and is going to get her family ahead. At the moment, she is not working because she is expecting, but before she worked in a store selling candies. Her husband Darwin supports the family working as a bricklayer.

Nisida belongs to the “Qochasaywas” communal bank and at this time she requires the loan to start a farm to raise chickens and guinea pigs.

The members of the “Qochasaywas” communal bank meet every month in the city of Cuzco. The bank is made up of hardworking, enterprising people who are always seeking opportunities to get ahead with their daily hard work and give their children a better future. Most of the members live in Cuzco and the economic activities of the other members are, for example, selling small animals such as guinea pigs, food, cosmetics, candies and artisanal crafts.

Cuzco is known for tourism, trade, and its traditional Inti Raymi festival. In addition, it has one of the seven wonders of the world, Machu Picchu (the members who are in the bottom of the picture came late to the meeting).
View original language description ↓
La señora Nisida nació en la ciudad de Grau - Progreso del departamento de Apurímac, Actualmenrte, ella vive en la ciudad del Cusco. (En la fotografía la señora Nisida está levantando la mano).

La señora Nisida tiene una relación de libre unión de la cual está esperando un bebe y tiene 8 meses de embarazo, ella es joven trabajadora y responsable que va sacar adelante a su familia, ella por el momento no está trabajando pues está esperando a su bebe, pero ella antes trabajaba en una tienda de venta de golosinas. Su esposo Darwin la apoya a la cañasta familiar trabajando como albañil.

La señora Nisida pertenece al banco comunal “Qochasaywas” y en esta oportunidad Nisida requiere el préstamo para abrir una granja de crianza de pollos y cuyes.

Las reuniones de las socias del Banco Comunal “Qochasaywas” son cada treinta días en la ciudad del Cusco. El banco Comunal está conformado por personas que son trabajadores y emprendedores que buscan a cada momento las oportunidades para salir adelante y con su esfuerzo diario entregar un mejor futuro a sus hijos. La mayoría de los socios viven en la ciudad del Cusco y sus actividades económicas de los demás socios son por ejemplo venta de animales menores como cuyes, venta de comida, venta de cosméticos, venta de golosinas y venta de artesanía.

Cusco es conocido por ser una zona muy turística, comercial, por su fiesta tradicional del Inti Raymi y porque se encuentra una de las siete maravillas del mundo “Machupicchu”. (Los socios que aparecen en la parte inferior de la fotografía llegarón tarde a la reunión.)

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
  • 67
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Qochasaywas Group's $3,100 loan helped a member to start a farm to raise chickens and guinea pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2011
Listed
Sep 16, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012