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Sr. De Huanca Group
In this Group: Placida, Sonia, Aurelia, Rosa, Ubertina, Yaneth, Victoria, Virginia, Agripina, Lurdes, Saturnina, Franklin
A group of neighbors and friends formed the communal bank "Señor de Huanca” in the center of the village Yanahuara, part of the district of Urubamba and province of Urubamba. This communal bank is made up of twelve people that look for opportunities to get ahead every moment and provide their children with a better future with their daily effort. For example, the members' economic activities include: selling chicha- an alcoholic drink made from fermented maize-, buying and selling young animals, selling traditional corn liquor, selling vegetables, selling handicrafts, selling cosmetics, and others provide services.

(Placida is raising her hand in the photograph.) The member Placida was born in the center of the village of Yanahuara and lives where she was born. She is forty years old and a mother and father to her three children. Placida's main economic activity is selling food and alcoholic drinks. She has a small business or restaurant where she sells food that is typical of the region, like pork cracklings, fried fish, suckling, roast guinea pig, and other foods. She also sells traditional corn liquor and beer. In this instance Placida needs this loan to buy supplies like maize (the basic ingredient to make traditional corn liquor), vegetables, meat, and other things.

Over all the members are thankful for the opportunity given to them and commit to fulfilling the payments of their different fees according to the established installments.
View original language description ↓
Un grupo de vecinos y amigos formaron el banco comunal “Señor de Huanca” en la centro de poblado de Yanahuara del distrito de Urubamba de la provincia de Urubamba. Este banco comunal está conformado por doce personas que buscan a cada momento las oportunidades para salir adelante y con su esfuerzo diario entregar un mejor futuro a sus hijos. Las actividades económicas de los socios son por ejemplo; venta de chicha, compra y venta de animales menores, venta de jora, venta de verduras, venta de artesanía, venta de cosméticos y otros brindan servicios.

(La señora Placida está levantando la mano en la fotografía). La socia Placida nació en el centro poblado de Yanahuara y vive donde nació, tiene 40 años de edad, es madre y padre para sus tres hijos. Su actividad económica principal de Placida es la venta comida y bebidas alcohólicas, ella tiene una pequeño local o picantería donde expende comida típica de la región como por ejemplo chicharon, pescado frito, lechón, cuy al horno y otras comidas, también vende chicha de jora y cerveza. En esta oportunidad Placida requiere el préstamo para comprar insumos como por ejemplo jora (Ingrediente básico para hacer chicha), verduras, carne y otras cosas más.

Los socios en general agradecen la oportunidad brindada y se comprometen a cumplir con el pago de sus diferentes cuotas en los plazos establecidos.

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
  • 129
    View loans »
    Peru Loans Fundraising
  • $58,906,400
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Sr. De Huanca Group's $4,725 loan helped a member to buy supplies like maize, vegetables, meat, and other things.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Apr 17, 2012
Apr 27, 2012
Currency Exchange Loss:
Nov 15, 2012