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Señor De Puquin Group
In this Group: Ines, Victoria, Alejandro, Julia, Georgina, Basilio, Santa Virginia, Justina, Whashington Albert, Katherine*, Andres
* not pictured
The members belong to the “Señor de Puquin" communal bank, located in the district of Cusco, which is part of Cusco province, in Cusco department.

Ines is 54. She lives with her partner, and has five children. She has a business selling meals. She prepares various food dishes, such as baked chicken, meat stew and soups. She also washes clothes in various homes. She carries on her food business as a street vendor.

Through these businesses, she is raising her children. She wants to expand and improve her food stand, and improve her work washing clothes.

She is applying for the loan to buy cooking ingredients, such as chicken, meat and vegetables at wholesale. The other members work at various activities, such as handicrafts, selling weavings, a restaurant, serving meals, and selling beauty products.

The member is thankful to those who are helping her achieve this dream, and promises to pay her instalments within the established time period.
View original language description ↓
Los socios pertenecen al banco comunal “SEÑOR DE PUQUIN”; Este banco se ubicada en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Ines; ella es conviviente y tiene 54 años y tiene 5 hijos; La socia trabaja con su negocio de venta de comida, ella prepara diferentes platos de comida como pollo al horno, estofado de carne y sopas, la socia también se dedica al trabajo de lavar ropa en diferentes casas y el negocio de venta de comida lo realiza en forma ambulatoria, por medio de estos negocios la socia saca adelante a sus hijos, la socia quiere ampliar y mejorar el negocio de venta de comida y mejorar en el trabajo de lavar ropa. La socia solicita el préstamo para comprar productos para cocinar como pollo, carne y verduras al por mayor.

Los otros socios se dedican al negocio de artesanía, negocio de venta de tejidos, negocio de restaurant, negocio de venta de comida, negocio de venta de productos de belleza.

La socia agradece a quienes forman parte de este sueño mediante este medio y se compromete a cumplir con el pago de sus cuotas en el plazo establecido.


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
  • 112
    View loans »
    Peru Loans Fundraising
  • $54,998,525
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Señor De Puquin Group's $3,325 loan helped a member to buy cooking ingredients such as chicken, meat, and vegetables at wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2011
Listed
Dec 15, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012