San Antonio De Padua Group
The member in question is Francisca. She is 60 years old, married, and has 6 children. She combines her daily chores with a business selling beer and chica (a local corn-based drink). She has been doing this for years and this is how she has supported her family. She also works raising animals (guinea pigs). She works in her beer selling business every day. She is a cheerful and responsible person with a lot of will to keep working.
She is requesting a loan to buy beer for her business and in this way to have more to offer her customers.
The other members work raising guinea pigs, buying and selling products (grains), selling chicha, selling dried grains, and running a grocery store.
The members who appear in the accompanying photo asked permission to arrive at the meeting a little late.
The member appreciates this access to credit and promises to make the repayments.
La socia Francisca; la socia tiene 60 años, casada y tiene 6 hijos; la socia alterna sus actividades diarias con el negocio de venta de cerveza y chicha (elaborado a base de maíz), la socia lleva años en este negocio el cual mediante este la socia saca adelante a su familia, a la vez la socia se dedica a la crianza de animales (cuyes), la socia trabaja todos los días en su negocio de venta de cerveza, la socia es una persona alegre y responsable con muchas ganas de continuar trabajando.
La socia solicita el préstamo para la compra de cerveza para su negocio y de esta manera tener más que ofrecer a sus clientes.
Los otros socios se dedican al negocio de crianza de cuyes, compra y venta de productos (cereales) venta de chicha, venta de granos secos, tienda de abarrotes.
Las socias que salen en la foto adjuntas pidieron permiso para llegar un poco tarde en la reunion.
La socia agradece este medio por el cual le facilita el crédito y se compromete a cumplir con los pagos
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).
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