Juntos Podemos Group
Update on Juntos Podemos GroupJesusa is 44 years old and is married. She and her husband have four children. She is a native of the province of Cusco in the department of Cusco and lives in the same province where she was born. (She is raising her hand in the photograph.)
She is an enterprising and responsible mother who enjoys challenges. She has a business selling vegetables in one of the most popular markets in the city of Cusco. She has had this business for several years, and things are going very well. Currently she needs a loan so that she can buy merchandise such as potatoes, onions, carrots, tomatoes, lettuce, parsley, beans, green onions and more.
This group is comprised of friends and neighbors who formed the communal bank “Juntos Podemos” ("Together We Can") in the province of Cusco in the department of Cusco. The communal bank is comprised of people who are at all times looking for opportunities to get ahead, and to work each day to bring a better future to their children. All of the members are grateful for this loan opportunity and promise to complete their individual loan repayments according to the agreed-upon schedule.
The city of Cusco is located in the district and province of Cusco in the department of Cusco, and it is in the heart the ancient city of the Incas. It is known for its tourist attractions, its archaeological centers, its historic city center, its countryside and its history. It is also one of the enchanting cities of the southern region of the country. Additionally, it is known for its traditional festival Inti Raymi and for having one of the seven wonders of the world -- Machupicchu.
Este grupo está conformado por vecinos y amigos que formaron el banco comunal “Juntos Podemos” en la provincia de 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. 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”.
Previous Loan DetailsThe members belong to the “Juntos Podemos” (Together We Can) communal bank located in Cusco District belonging to Cusco Province and Department. Jesusa, 43, is the member. She’s married and has four children. She works in her business selling vegetables. She sells tomatoes, carrots, cucumbe... More from Juntos Podemos Group's previous loan »
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).
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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.
96View loans »
Success!! The loan was 100% repaid