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Santa Rosa De Lima De Conchacalla Group
In this Group: Vicentina , Valentina Faustina, Ricardina , Bernardina, Margarita , Toribia , Juana , Norma , Julia , Biviana , Nelly

Update on Santa Rosa De Lima De Conchacalla Group

In this new loan disbursement is Vicentina. She is 50 years old. She is married and has 5 children who are 25, 23, 20, 16 and 12 years old. She is a hardworking person and has various ways of earning a living in order to be able to obtain financial profitability so she can educate her children.

Her main activity is agriculture and the planting and harvesting of corn, potatoes, wheat, and barley. Since this not monthly income she puts all her possible efforts into generating earnings from other activities such as selling cheese, because she also has cattle and dairy cows which produce milk and she can make cheese. She also breeds small animals.

At this time she is asking for a loan in order to buy double breasted chickens and 50 pairs of guinea pigs.

In the future she would like to export her products even though in this area it is not possible and she does not have the contacts to do it. She says that she is selling retail and to buyers in her area. She does not earn much and it would be a good option to export but she and other members do not know how to do it.

She is asking for a loan in order to buy double breasted chickens and 50 pairs of guinea pigs. The other members work in agriculture, livestock, raising small animals and one of the members has a small grocery store The members promise to make their payments on time.
View original language description ↓
En este nuevo desembolso está la Sra. Vicentina, ella tiene 50 años D. edad, la socia es casada y tiene 5 hijos D. 25, 23, 20, 16, 12 años D. edad, La socia es una persona muy trabjadora y tiene varios oficios para poder obtener rentabilidad economica para educar a sus hijos, la socia tiene como principal actividad yla agricultura ella siembra y cosecha maíz, papa, trigo, cebada y aunque este ingreso no es mensual ella hace todos los esfuerzos posibles para generar ganancias en otras actividades como la venta D. queso, ya que la socia tambien tiene ganados y vacas lecheras las cuales producen leche y ella pueD. elaborar queso; la socia también se dedica a la crianza D. animales menores, ella en esta ocasión desea el credito para poder comprar gallinas doble pechuga y cuyes como 50 pares. La socia a futuro desearía poder exportar sus productos pero aun en esta zona no es posible eso ya que no se tienen los contactos para hacerlo, ella dice que vendiendo D. forma minorista y a los compradores frecuentes en la zona no gana mucho y sería una muy buena opcion exportar pero ella como muchos socios no saben como hacerlo. La socia desea el credito para invertir en la compra D. gallinas doble pechuga y D. cuyes 50 pares.
Las otras socias se dedican a la agricultura, a la ganadería, a la crianza D. animales menores y una D. las socias atienD. su tienda D. abarrotes pequeña.
Las socias se comprometen a cumplir con el pago D. sus cuotas en el plazo establecido.

Previous Loan Details

Margarita, 63, is a member of the “Santa Rosa D. Lima D. Conchacalla” communal bank. She lives in Conchacalla District in Anta Province, Cusco Department. She is married and has six children, all independent. She is a farmer. She has a plot of land where she farms corn and potatoes. She also… More from Santa Rosa De Lima De Conchacalla 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
  • $53,956,025
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Rosa De Lima De Conchacalla Group's $3,375 loan helped a member to buy double breasted chickens and 50 pairs of guinea pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2011
Listed
Nov 12, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012