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Allin Muju Group
In this Group: Maria, Pascual Frank, Antonia, Maria Lucia, Nelly, Lourdes, Maribel*, Luzmila, Asunta, Agripina, Brisset*, Flor De Maria, Evangelino, Domitila, Avelina, Luisa
* not pictured
These associates are part of the Communal Bank “ALLIN MUJU”. This bank is in the Cusco district, which is in both the province and department of Cusco.

This associate’s name is Maria. She is a single, 40-year old with 3 children. She has her own business breeding animals. She breeds chickens and guinea pigs; she fattens them up and raises them to then sell them in different markets. The associate has always liked animals and has been in this line of work for the last 6 years. Before this, she had a grocery store, but this business didn’t go well because the prices starting going up. She works from 8am to 4pm. Her dream is to own a bigger area where she can breed her animals. The associate is soliciting a loan to buy guinea pigs, chickens and food for the animals.

Her photo is the inset of the group photo – she was given permission, because of work, to have her photo taken afterwards.
The other associates have businesses such as poultry sales, grocery store, clothing design and sales, carpentry, and construction.
The associate is grateful to those who have become a part of her dream through this medium and she promises to make her payments in the time allotted.
View original language description ↓
Los socios pertenecen al banco comunal “ALLIN MUJU”; Este banco se ubicada en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Maria ella es soltera y tiene 40 años y tiene 3 hijos; La socia trabaja con su negocio de crianza de animales, la socia cría pollos y cuyes ella los hace engordar y crecer y luego lo vende en las diferentes mercados, la socia siempre le gusto los animales ya son 6 años que se dedica al negocio de crianza de animales, anteriormente la socia se dedicaba al negocio de tienda de abarrotes pero no le fue muy bien en este negocio porque los productos empezaron a subir de precio, la socia trabaja desde las 8:00 a.m hasta las 4:00 p.m,el sueño de la socia es tener un lugar más amplio donde pueda criar los animales. La socia solicita el préstamo para comprar cuyes y pollos y también para comprar alimentos para los animales.
La socia que esta pegada a la foto grupal se le tomo despues la foto, porque pidio permiso por motivos de trabajo.
Los otros socios se dedican al negocio de venta de pollos, negocio de tienda de abarrotes, negocio de venta de confección de ropa, negocio de carpintería y negocio de construcción.

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.

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
  • 72
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Allin Muju Group's $5,650 loan helped a member buy guinea pigs, chickens and food for the animals.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 2, 2012
Listed
Jul 31, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012