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Dos De Mayo Group
In this Group: Luzgarda , Yerco , Martha , Zoraida , Marlene , Ruben , Javier Enrrique, Pedro Alberto, Eusebia, Elena , Americo
Javier belongs to the 'Dos de Mayo' community bank which is located in Huanchac community, in Cusco province and department. Javier was born in 1975 and lives with his partner. He has two children. Javier is a financial development assistant. He also has a store where he rents out equipment for camping, trekking and tours. He would like to invest this money in buying tents, sleeping bags and trekking shoes. He is requesting this loan to invest in buying camping equipment.

The other members of this group work in different businesses such as photography, retail sales, clothes sales, health product sales, etc. Javier is grateful for the support he is being given and so pledges to make his loan repayments in a disciplined manner.
View original language description ↓
El socio pertenece al banco comunal “DOS DE MAYO” el banco se encuentra ubicado en la comunidad de Huanchac, en la Provincia de Cusco y Departamento de Cusco.
El socio es el Sr. Javier; el socio a nacido en el año de 1975 y es conviviente, el socio tiene 2 hijos; el socio es auxiliar de desarrollo económico, el socio también tiene su tienda de alquiler de equipo para camping y viajes como treeking, tours; el socio desea invertir en la compra de carpas, sleeping, zapatillas para trek; el socio solicita el préstamo para invertir en la compra de equipo para camping.
Los otros socios trabajan en diferentes actividades como fotografía, comercio minorista, venta de ropa, venta de productos de salud entre otros.
El socio agradece el apoyo que se le otorgara y así mismo se compromete a cumplir de manera disciplinada con los pagos de las cuotas.

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
  • 116
    View loans »
    Peru Loans Fundraising
  • $55,266,250
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Dos De Mayo Group's $4,150 loan helped a member to invest in buying camping equipment.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2011
Listed
Sep 21, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012