Santa Rosa De Lima De Conchacalla Group
Update on Santa Rosa De Lima De Conchacalla GroupThe members pictured above belong to the community bank, “Santa Rosa de Lima de Conchacalla.” The bank is located in the Anta district, which is located in the province of Anta, in the department of Cusco.
Juana is a member of the group, is 52 years old, and has two children. She makes a living raising and selling animals, such as guinea pigs and chickens. She raises the animals and fattens them up for eventual resale in various markets and fairs in her area. She begins work at 8:00 AM and works until 6:00 PM. Through her work in this business, she has been able to help provide for her children.
Her dream is to grow her operation and eventually own a fixed location for a store from which she can sell her animals. She is requesting this loan in order to purchase guinea pigs and chickens in bulk. Juana is grateful to those people who help fulfill her loan and take part in making her dreams a reality. She has promised to make all her scheduled payments on time.
The members who appear in the smaller photo at the bottom right were unable to be present when the main photo was taken, since they had to be at work.
The other members in the group make a living in agriculture, bread making, guinea pig sales, and food sales.
La socia es la Sra. Juana ella es conviviente y tiene 52 años y tiene 2 hijos; La socia trabaja con su negocio de venta de crianza de animales, la socia cría cuyes y gallinas los hace engordar y crecer y luego los vende en las diferentes ferias que existe, 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 tener un local donde pueda vender los animales. La socia solicita el préstamo para comprar animales como cuyes y gallinas al por mayor.
Las socias que estan pegadas a la foto grupal se les tomo despues, porque pideron permiso por motivos de trabajo.
Los otros socios se dedican al negocio de agricultura, negocio de panadería, negocio de venta de cuyes y negocio de venta de comida.
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.
Previous Loan DetailsMargarita, 63, is a member of the “Santa Rosa D. Lima D. Conchacalla” communal bank. She lives in Conchacalla District in Anta Province, Cusco Department. She is married and has six children, all independent. She is a farmer. She has a plot of land where she farms corn and potatoes. She also… More from Santa Rosa De Lima De Conchacalla Group's previous loan »
Important InformationAbout 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).
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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.
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Success!! The loan was 100% repaid