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Kuska Llankasun De Rumichaca Baja Group
In this Group: Yanet, Eloy, Clotilde, Basilia, Rina Elisa*, Lorenza, Lucieta, Jesus, Anita, Wilner Jesus, Soledad, Griselda, Dionicio, Segundo
* not pictured
The “Kuska Llankasun de Rumichaca Baja” communal bank is made up of five men and nine women. Most of the members are friends, coworkers, and neighbors with a good relationship. They live in the Cotowincho settlement of Urubamba.

The members are hardworking, enterprising, and in search of opportunities to get ahead and provide a better future for their children through their daily efforts. Most of the members have different businesses, such as raising livestock, cosmetic sales, vegetable sales, arts and crafts, food, and other services.

Yanet is 27 years old; is in a live-in relationship and they have three children. She was born in the Urubamba province and lives in the same city where she was born. Yanet buys and sells small animals, such as Guinea pigs. She and her husband also make wooden furniture, such as chairs, beds, doors, and other things. Yanet needs this loan to buy supplies such as lumber.

(This member does not appear in the photograph. She got permission from the board not to attend the meeting.)
View original language description ↓
El banco comunal “Kuska Llankasun de Rumichaca Baja” está conformado por cinco varones y nueve mujeres. La mayoría de los socios son amigos, compañeros de trabajo y vecinos que tienen una buena amistad. Los socios viven en la ciudad de Urubamba en la asociación pro vivienda de Cotowincho.

Los socios son trabajadores y emprendedores que buscan a cada momento las oportunidades para salir adelante y con su esfuerzo diario entregar un mejor futuro a sus hijos. La mayoría de los socios se dedican a diferentes actividades económicas como crianza de animales menores, cosméticos, venta de verduras, venta de artesanía, comestibles y otros brindan servicios.

La socia Yanet tiene 27 años de edad, tiene una relación de unión libre de la cual tiene tres hijos, ella nació en la provincia de Urubamba y vive en la misma ciudad donde nació. Su actividad económica de Yanet es la compra y venta de animales menores como cuyes. Yanet y su esposo se dedican también a la fabricación de muebles de madera como sillas, mesas, camas, puertas y otras cosas más. En esta oportunidad Yanet requiere el préstamo para comprar materiales como por ejemplo madera.

(La socia que no aparece en la fotografía pidiò permiso a la junta directiva para no estar presente en la reunión).

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
  • 130
    View loans »
    Peru Loans Fundraising
  • $58,863,350
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Kuska Llankasun De Rumichaca Baja Group's $6,225 loan helped a member to buy lumber.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 15, 2012
Mar 30, 2012
Currency Exchange Loss:
Oct 15, 2012