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Union San Jeronimo Group
In this Group: Antonieta, Gideon, Karina, Jenny Pamela, Reisa Lisbeht, Yessenia, Sadid, Rolando Isaias, Yevan, Elio Yasmani
Antonieta was born in the city of Cuzco, and still lives there. (In the photograph, Antonieta has her hand raised.) Antonieta is thirty-five years old and lives in a common law marriage, from which she has one child. Antonieta is an enterprising and hard-working woman who helps her family to get ahead. In addition to being a homemaker, she also makes handbags. She has four years’ experience making handbags, and thanks to the determination she brings to her work, her business is doing well. She also has a small store where she sells clothes along with her handbags. At this time, Antonieta is soliciting a loan to purchase materials to produce handbags, and also to purchase more clothing to sell. Her dream is to open a poultry store where she can also sell groceries.

The communal bank “Unión San Jeronimo” [Saint Geronimo Union] is made up of ten responsible and hard-working individuals. The majority of its members live in the city of Cuzco, where their economic activities take place. Cuzco is known as a place with lots of tourists, a center of commerce, and for its traditional Inti Raymi celebration. It is also where one of the seven wonders of the world, Machu Picchu, can be found.
View original language description ↓
La señora Antonieta nació en la ciudad del Cusco y vive en la misma ciudad donde nació. (En la fotografía la señora Antonieta está levantando la mano). Antonieta tiene 35 años edad, tiene una relación de unión libre de la cual tiene un hijo. Antonieta es una mujer emprendedora y trabajadora que saca adelante a su familia y aparte de ser ama de casa también se dedica a la venta de carteras. Ya son cuatro años que se dedica a la elaboración de carteras y le va muy bien gracias al empeño que pone en su trabajo. Ella también tiene una péquela tienda de venta de ropa y venta de carteras. En esta oportunidad Antonieta requiere el préstamo para comprar materiales para elaboración de cartera y para comprar más ropa. Su sueño de Antonieta es abrir una pollería y también vende en el mismo local comestibles.

El banco comunal “Unión San Jeronimo” está conformado por 10 personas responsables y trabajadores. La mayoría de los socios viven en la ciudad del Cusco y donde realizan sus actividades económicas. Cusco es conocido por ser una zona muy turística, comercial, por su fiesta tradicional del Inti Raymi y porque se encuentra una de las siete maravillas del mundo “Machupicchu”.

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
  • 49
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Union San Jeronimo Group's $2,825 loan helped a member to purchase materials to produce handbags, and also to purchase more clothing to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2011
Listed
Jan 25, 2012
Currency Exchange Loss:
Covered
Ended:
May 15, 2012