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La Amistad De Ollantaytambo Group
In this Group: Romania, Anita, Daniela Samantha, Doris, Sergio Geronimo, Ernestina, Francisca, Lucila, Aurelia, Americo Donato, Sofia Karen, Alberto*, Asunta, Claudio Edusebio*
* not pictured
These group members belong to the community bank "La Amistad de Ollantaytambo". This bank is located in the Ollantaytambo district within the province and region of Cusco.

One of the group members is Romania. She is 49 years old and is married with two children. She works in her restaurant business preparing breakfast, lunch, and other food. Many of her dishes are typical to the Urubamba region, including baked guinea pig, baked chicken, and soups. She has been working in this restaurant for 8 years and works from 8am to 5pm.

In her free time, Romania likes to take walks with her children. Her dream is to have a larger space for her restaurant.

Romania is requesting this loan in order to purchase cooking ingredients such as carrots, vegetables, meat, and chicken.

Some group members attached their photos to the group photo after it was taken because they were unable to be present for the group photo due to health reasons. Other members of the group make their living selling handicrafts, fruits, vegetables, and groceries.

Romania is grateful for those who contribute to her dream through this loan and she is committed to paying off the loan on time.
View original language description ↓
Los socios pertenecen al banco comunal “LA AMISTAD DE OLLANTAYTAMBO”; Este banco se ubicada en el distrito de Ollantaytambo, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Romania ella es casada y tiene 49 años y tiene 2 hijos; La socia trabaja con su negocio de venta de restaurant, ella prepara desayunos, almuerzos y comidas, la socia prepara paltos típicos de Urubamba como cuy al horno, pollo al horno y sopas, la socia trabaja desde las 8:00 a.m hasta las 5:00 p.m,la socia ya tiene 8 años en este negocio de restaurant, en sus tiempos libres a la socia le gusta salir a pasear a su hijos, el sueño de la socia es tener un local más amplio para su restaurant.La socia solicita el préstamo para comprar productos para cocinar como zanahorias, verduras, carne y pollo.
Los socios que estan pegados a la foto grupal se les tomo despues la foto, porque pidieron permiso por motivos de salud.
Los otros socios se dedican al negocio de venta de artesanía, negocio de venta de frutas, negocio de venta de verduras y negocio de tienda de abarrotes.

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
  • 123
    View loans »
    Peru Loans Fundraising
  • $56,828,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of La Amistad De Ollantaytambo Group's $5,250 loan helped a member to purchase cooking ingredients such as carrots, vegetables, meat, and chicken.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 24, 2012
Listed
Aug 30, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012