Los Angeles De Urubamba Group
The members of the "Angeles de Urubamba" community bank are friends and neighbors, all of whom live in Urubamba province. The members look for every opportunity to get ahead and they work hard so that they can provide better futures for their children. They operate a range of businesses: food sales, herbal medicine sales and construction work.
The members tell us that they are grateful for the help your loans provide and that they are committed to repaying the loans in the agreed-upon time.
The city of Cusco was founded by the Incas. The city lies in Cusco district which, in turn, is in the "departamento" of Cusco. Tourists flock to the city to see its historic center, nearby archaelogical sites and the countryside around the city. It's considered one of the most charming cities in southern Peru. Cusco is also known for its traditional Inti Raymi festival and for one of the seven wonders of the world, Machu Picchu.
Este grupo está conformado por vecinos y amigos que formaron el banco comunal “Angeles de Urubamba” en la provincia del Urubamba 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 de los socios son por ejemplo; venta de verduras, venta de medicamentos y albañil.
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 por ser una ciudad encantadora de la Región del Sur del país. Cusco es conocido también por su fiesta tradicional del Inti Raymi y porque se encuentra una de las siete maravillas del mundo “Machupicchu”.
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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