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Niño Compadrito Group
In this Group: Angelica, Angel , Luz Veronica, Luis Carlos*, Birginea, Cristina, Anastacio, Livia, Benny Ricardo, Yesenia Maribel*
* not pictured
The members pictured above belong to the community bank, “Niño Compadrito,” which is located in the Cusco district of the department and province of Cusco.

Angélica is a member of the group, and is 52 years old, separated from her husband, and has two children. She makes a living both buying and selling beans and potato starch, and she also dedicates a portion of her time to raising animals, such as chickens and guinea pigs. She sells her products to customers who demand them, and is a happy, responsible woman with a desire to get ahead.

Angélica is requesting this loan in order to purchase more merchandise for her business (such as lima beans). She is grateful for the support from the loan, and has promised to complete all payments on schedule.

The other members make a living buying and selling other staple items, raising animals, buying and selling corn, and in construction.
View original language description ↓
Los socios pertenecen al banco comunal “NIÑO COMPADRITO”; Este banco se ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Angélica; ella tiene 52 años de edad ,separada, y tiene 02 hijos; La socia alterna sus actividades diarias con el negocio de compra y venta de habas y chuño, la socia lleva buen tiempo en este negocio el cual mediante este la socia saca adelante a su familia, la socia a la vez se dedica a la crianza de animales como cuyes y gallinas para luego venderlo a sus clientes que le solicitan, la socia es una persona bien alegre y responsable con muchas ganas de continuar adelante.

La socia solicita el préstamo para la compra de más mercadería como habas para su negocio.

Los otros socios se dedican a la compra y venta de productos de primera necesidad, crianza de animales, compra y venta de maiz, maestro constructor.

La socia agradece el préstamo y se compromete a cumplir con el pago de sus cuotas.

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
  • 124
    View loans »
    Peru Loans Fundraising
  • $56,837,725
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Niño Compadrito Group's $3,600 loan helped a member to purchase more merchandise (beans) for a business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2012
Listed
Apr 25, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012