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Cristo Campesino Group
In this Group: Julia , Felicitas, Angelica , Vicentina, Juliana , Edith Arminda , Nehuarto , Katty Angela , Johann*, Zulma*
* not pictured

Update on Cristo Campesino Group

Felicitas is a 69-year old widow. She has 2 children who are independent and she lives in the community of Huacaytaqui. She is a member of this communal bank and she works alone raising small livestock such as guinea pigs and poultry in a home-based and traditional way from her patio, and the guinea pigs from her kitchen. She started to grow in a progressive way and she increased her flock of poultry and she purchase guinea pigs in wholesale. She now has a significant business and as she is by herself it has been a very profitable venture. But she needs more hands to help so her eldest son is helping her. He bought a truck from the proceeds of the sale of some land to transport her poultry and guinea pigs to the different fairs. She is always highly sought out and clients some looking for her to her house. She set up her poultry in a coop with cages holding 100 poultry and medium-sized cages for the guinea pigs. She is very satisfied because she now requires to invest in the purchase of 200 poultry and 100 guinea pigs. She also needs to condition the space. This business helps her to support her children in their schooling and other matters. She is thankful for the opportunity provided to her through this medium. It has caused her a great deal of happiness, financial growth, and family unity.
View original language description ↓
La socia Felicitas es viuda tiene 69 años D. edad; la socia tiene 2 hijos ya independientes y vive en el poblado D. Huacaytaqui, la socia pertenece a este banco comunal y ella trabajaba sola criando animales menores como cuyes, pollos D. forma casera y tradicional en su patio y los cuyes en su cocina, la socia empezó a crecer D. forma progresiva y aumento su galpon D. pollos y compro cuyes al por mayor, ahora la socia tiene bastante acogida y el negocio para ella sola le ha sido muy rentable pero ya necesitaba mas manos entonces su hijo el mayor D. todos le esta dando la mano el compro un camión con la venta D. unos terrrenos y pueD. trasladar los pollos y cuyes a las diferentes ferias, la socia tambien es muy solicitada y la viene a buscar hasta su casa en el cual implemento su galpon en jaulas D. 100 y cajas medianas para los cuyes, la socia se encunetra muy satisfecha porque ahora requiere el prestamo para invertir en la compra D. 200 pollos y 100 cuyes, implementar su espacio y este negocio permite apoyar en los estudios y otros a sus hijos, la socia agradece la oportunidad brndada mediante este medio el cual le a dado muchas alegrías y crecimiento economico y union familiar.

Previous Loan Details

The "Cristo Campesino" community bank is located in the village of Huacaytaqui, province of Quispicanchis, department of Cusco, Peru. One of the members is Vicentina, a 40-year-old divorced mother of two children. She runs a small general store, selling primary-need products such as sugar, rice,… More from Cristo Campesino Group's previous loan »

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).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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 Cristo Campesino Group's $2,475 loan helped a member to purchase 200 chickens and 100 guinea pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2011
Listed
Oct 18, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012
This photo was used before for a previous loan for Cristo Campesino Group. It was first posted on Kiva on Apr, 2011. Learn More