Señor De Huanca Milagroso Group
The member is 22 years old and is married with 2 children. She is a lawyer and works in the judiciary. She also sells special women's clothes. She travels every 2 months and brings clothing for women and then distributes them among her different friends and acquaintances. She is asking for the loan to invest in the purchase of clothing. The other members work in various other occupations, such as small grocery stores, beauty products via catalog, food sales, secretaries, and clothing sales.
The member appreciates the loan and commits to making her payments within the established time frame.
La socia tiene 22 años de edad y es casada, la socia tiene 2 hijos; la socia es abogada de profesión y actualmnete trabaja en el poder judicial, ella paralelamente a este trabjao se dedica ala venta de ropa para damas en especial; la socia viaja cada 2 meses y trae ropa para damas y las reparte a sus diferentes amigas y amistades, La socia en esta ocasión solicita el prestamo para invertir en la compra de ropa.
Los otros socios trabajan en diferentes negocios como atencion de la tienda de abarrotes, venta de productos de belleza por catalogos, venta de comidas, secretarias, venta de ropa entre otros.
La socia agradece el préstamo y se compromete a cumplir con el pago de sus cuotas en el tiempo establecido.
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