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Los Gigantes De Santiago De Chacan Group
In this Group: Josefa, Estela, Damian*, Lucas, Asunta, Barbara, Lucia, Marcelino, Nicasia*, Aristides, Juana
* not pictured
The group members belong to the communal bank "Los Gigantes de Santiago de Chacan". This bank is located in the district of Anta, which belongs to the province of Anta and the department of Cusco.

One of the group members is Josefa. She is 48 years old and is married with 6 children. She makes a living as a farmer. She has land where she plants crops of potatoes, fava beans and peas. She sells her products in different markets in the district of Anta. She works from 8 a.m. until 6 p.m. It is as a result of this work that she is able to help her children get ahead. Her dream is to expand and improve her farming land. She has requested a loan to buy seeds and fertilizers for her crops. The member who is in the small photo was not able to be present at the group photo for work reasons.

The other members of the group make a living selling meat, raising animals, selling livestock, farming and raising guinea pigs.

Josefa thanks those who are involved in making her dream possible and she promises to make her payments on time.
View original language description ↓
Los socios pertenecen al banco comunal “LOS GIGANTES DE SANTIAGO DE CHACAN”; Este banco se ubicada en el distrito de Anta, perteneciente a la provincia de Anta y departamento de Cusco.

La socia es la Sra. Josefa; ella es conviviente y tiene 48 años y tiene 6 hijos; La socia trabaja con su negocio de agricultura, ella tiene un terreno de cultivo donde siembra papa, habas y arvejas, la socia estos productos lo vende en las diferentes ferias que existe en el distrito de Anta, la socia trabaja desde las 8:00 a.m hasta las 6:00 p.m,por medio de este negocio la socia saca adelante a sus hijos, el sueño de la socia es ampliar y mejorar sus tierras de cultivo. La socia solicita el préstamo para comprar semillas y fertilizantes para las tierras de cultivo.
La socia que esta pegada a la foto grupal es porque la socia pidio permiso por motivo de trabajo.

Los otros socios se dedican al negocio de venta de carne, negocio de crianza de animales, negocio de ganadería, negocio de agricultura, negocio de crianza de cuyes.

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

  • $12,000
    Average annual income
  • 93
    View loans »
    Peru Loans Fundraising
  • $57,986,025
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Gigantes De Santiago De Chacan Group's $3,400 loan helped a member to buy seeds and fertilizers for her crops.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2012
Listed
Feb 21, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012