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Señor De Los Temblores De Quello Quello Group
In this Group: Lurdes, Silbia, Eulogia, Jovita, Eulalia, Constantina, Margarita, Timoteo, Guillermo, Martha, Lucrecia, Sofia
This group is called “Señor D. los Temblores D. Quello Quello” and they meet every thirty days in the city of Quello Quello in Pisaq District, Cusco Province. The communal bank is notable for being composed of hardworking artisans and merchants. The group has 11 members and they’ve requested several loans from Asociación Arariwa; they will invest the money in their businesses.

We met Lourdes, 29, at this meeting. She has two children and raises small farm animals, farms and is a craftswoman. Since a young age she stood out as being a responsible, kind person. Because of that her neighbors invited her to participate in the communal bank.

In her free time Lourdes paints ceramics. She does all her jobs at home and does very well thanks to the effort she puts into her work. On this occasion she needs the loan to buy more supplies like paint and paint brushes, for example.

(In the photo, Lourdes is raising her hand.)
View original language description ↓
Este grupo se llama “Señor D. los Temblores D. Quello Quello” y se reúnen cada treinta días en la comunidad D. Quello Quello del distrito D. Pisaq D. la provincia del Cusco. El banco comunal se distingue por estar conformado por gente trabajadora, artesanos y comerciantes. El grupo está conformado por once integrantes y son varias vez que solicitan un préstamo D. la Asociación Arariwa y el dinero lo invertirán para mejorar sus negocios.

En esta reunión conocimos a la señora Lourdes, ella tiene 29 años D. edad y tiene dos hijos, ella se dedica a la crianza D. animales menores, a la agricultura y también se dedica a la artesanía. DesD. joven se caracterizo por ser una persona responsable y amable y por ese motivo sus vecinas le invitaron a participar en el banco comunal.

Lourdes en sus horas libres se dedica a pintar cerámica, ella realiza estos trabajos en su domicilio y le va muy bien gracias al empeño que pone en su trabajo, ella en esta oportunidad requiere el préstamo para comprar más materiales como por ejemplo pinturas y pinceles. (En la fotografía la socia Lourdes está levantando la mano).

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
  • 98
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Señor De Los Temblores De Quello Quello Group's $4,125 loan helped a member to buy more supplies like paint and brushes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2011
Listed
Oct 21, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012