Virgen De Los Angeles De Huayllacocha Group
Most of the members of the Virgen de Los Angeles de Huayllacocha group live in Huayllacocha, where they engage in all kinds of activities, such as trading, farming, and ranching, among other things. The members of the communal bank meet every 30 days in the Huayllacocha community, which is in the Anta province of the department of Cusco. It is 45 km from Cusco to Huayllacocha (a trip of about two hours). On the way, you cross part of the Peruvian Andean mountain ridge, with its beautiful landscape and communities of Quechua people.
La mayoría de los socias viven en la ciudad de Huayllacocha donde realza todo tipo de actividades como el comercio, agricultura, ganadería y otras actividades. Las reuniones de las socias del banco comunal son cada treinta días en la comunidad de Huayllacocha de la provincia de Anta del departamento del Cusco. Desde la ciudad del Cusco a nuestro destino hay una distancia de 45 Km. (aproximado dos horas de viaje) hasta llegar a la localidad de Huayllacocha. Durante el viaje cruzaremos parte de la cordillera andina Peruana, observaremos hermosos paisajes interandinos y comunidades indígenas andinas quechuas.
Important InformationAbout 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.
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Success!! The loan was 100% repaid