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Los Exitosos Group
In this Group: Natividad, Juana, Freddy, Mayra Katty, Roberto, Camilla Agripina, Felicia Samanta, Grimanesa
The member featured in this description belongs to the communal bank "Los Exitosos," which is located in the Wanchaq district of the province and department of Cusco.

The featured member is 52 years old, married, and has one child. She alternates her daily activities with her business making sweaters, scarves, gloves, chullos (Peruvian style knit hats with earflaps), and other items. She has had this business for a number of years, and this has been her means of providing for her family. This member is a very hardworking and responsible person, in spite of her disability. At this time, she is requesting a loan to buy materials such as buttons, and knitting needles of all sizes and thicknesses.

The other members of this group work buying and selling handicrafts, providing taxi services, selling electrical supplies, selling snacks, renting rooms, and knitting.

The member featured here is grateful for being able to access credit through these means, and she pledges to comply with the payment terms of the loan.
View original language description ↓
La socia perteneces al banco comunal LOS EXITOSOS; este banco está situado en el distrito de Wanchaq en la provincia de Cusco departamento de Cusco.

L a socia natividad tiene 52 años es casada y tiene 1 hijo; la socia alterna sus actividades diarias con el negocio de elaboración de chompas, chalinas, guantes, chullos entre otros, la socia lleva años en este negocio el cual mediante este la socia saca adelante a su familia, pesé a la discapacidad que la socia presenta ella es una mujer muy trabajadora y responsable.La socia en esta ocasión solicita el crédito para la compra de materiales como lana,botonoes,palitos de tejer de todo tamaño y grosor.

Los otros socios se dedican a la compra y venta de artesania, brindar el servicio de taxi, venta de materiales eléctricos, venta de refrigerios, alquiler de habitaciones y tejidos.

La socia agradece este medio por el cual le facilita el crédito y se compromete a cumplir con los pagos.

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
  • 62
    View loans »
    Peru Loans Fundraising
  • $54,001,225
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Exitosos Group's $2,350 loan helped a member to buy supplies such as wool, buttons, and knitting needles in a variety of sizes and thicknesses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2012
Listed
Feb 6, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012