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El Mirador De Cconchaccalla Group
In this Group: Nancy, Justina, Benigna, Dominga, Lucia, Yobana, Victor, Victor*, Jose, David, Santos Ruben, Ricardo
* not pictured
A group of neighbors and friends formed the community bank "El Mirador de Cconchaccalla" in the Cconchaccalla community of the district of San Jeronimo in the province and department of Cusco. This community bank is made up of people looking for every opportunity to succeed and through their daily efforts to provide a better future for their children. The main economic activities of the partners are agriculture and livestock, others are engaged in selling food, the sale of vegetables, and the raising of small animals such as guinea pigs, chickens and more.

(Mrs. Nancy is raising her hand in the photograph). The member Nancy was born in the community of Cconchaccalla and lives in the same community where she was born. She is 30 years old and has a common law relationship from which she has three children. Her main economic activity is selling food but she is also dedicated to agriculture and small animal husbandry. She has a small shop in her home where every day she works from 5 am to 9 at night or until the bread runs out. She has been dedicated to this business for several years and it is going very well thanks to the effort she puts into her work. At this time Nancy needs a loan to buy merchandise such as bags of rice, sacks of sugar, noodles, milk and other things.

The group members as a whole appreciate the opportunity offered and agree to comply with the payment of their various fees within the prescribed period.

Cusco is located in the district and province of Cusco, in the department of Cusco in the heart of the ancient city of the Incas. It is characterized as a tourist area for its archaeological sites through the historic center as well as for its landscapes and history, being a lovely city of the Southern Region of the country. Cusco is known as a popular tourist area, a commercial zone, and a city that celebrates the traditional festival of Inti Raymi. It also offers one of the seven wonders of the world -- "Machupicchu".
View original language description ↓
Un grupo de vecinos y amigos formaron el banco comunal “El Mirador de Cconchaccalla” en la comunidad de Cconchaccalla del distrito de San Jeronimo de la provincia del Cusco del departamento del Cusco. Este banco comunal está conformado por 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 principal de los socios son la agricultura y ganadería, otros se dedican a la venta de comestibles, a la venta de verduras, a la crianza de animales menores como por ejemplo cuyes, gallinas y otros más.

(La señora Nancy está levantando la mano en la fotografía). La socia Nancy nació en la comunidad de Cconchaccalla y vive en la misma comunidad donde nació, ella tiene 30 años de edad y tiene una relación de unión libre de la cual tiene tres hijos. Su actividad económica principal de la Nancy es la venta de comestibles pero también se dedica a la agricultura y a la crianza de animales menores, ella tiene una pequeña tienda en su domicilio donde atiende todos los días desde las 5 de la mañana hasta las 9 de la noche o hasta que se agote el pan. Ya son varios años que se dedica a este negocio y le va muy bien gracias al empeño que pone en su trabajo. En esta oportunidad Nancy requiere el préstamo para comprar mercadería como por ejemplo sacos de arroz, sacos de azúcar, fideos, leche 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.

Cusco está ubicado en el distrito y provincia del Cusco del departamento del Cusco en pleno corazón de la antigua ciudad de los Incas y se caracteriza por ser una zona turística por sus centros arqueológicos por su centro histórico por sus paisajes por su historia y siendo una ciudad encantadora de la Región del Sur del país. Cusco es conocido por ser una zona muy turística, comercial, por su fiesta tradicional del Inti Raymi y porque se encuentra una de las siete maravillas del mundo “Machupicchu”.

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
  • 57
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Mirador De Cconchaccalla Group's $3,825 loan helped a member to buy merchandise such as bags of rice, sacks of sugar, noodles, milk and other things.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2012
Listed
Jun 20, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013