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Sumac Wata Group
In this Group: Senovia, Marina, Sonia Cayetana, Angelica, Ruth Vanessa, Maribel, Victoriana Feliciana*, Juan
* not pictured

Update on Sumac Wata Group

Introducing Sonia, a member of Sumac Wata, a Communal Bank located in Wanchaq, a district in the province and department of Cusco.

Sonia is 49 years old, she is married and she has 2 children. She alternates her daily chores with her retailing activity, selling beauty products such as colognes, perfumes and creams. She sells her products door to door to her friends and relatives who place orders with her. She has been engaging in this activity for a few years and things are going well thanks to the dedication she daily works with. She is a responsible and diligent person, and through her activity she provides for her family.

She is requesting a loan to buy products such as perfumes and colognes.

The other members of the group engage in selling fruits, selling food, selling clothes, selling spare parts and in working in private and public institutions.

Sonia feels deeply grateful for the loan she has received and she commits to complying with the repayment of her dues according to schedule.
View original language description ↓
La socia pertenece al banco comunal SUMAC WATA; este banco está situado en el distrito de Wanchaq en la provincia de Cusco departamento de Cusco.

La socia Sonia tiene 49 años de edad ,02 hijos y es casada, la socia alterna sus actividades diarias con el negocio de venta de productos de belleza como colonias, perfumes, cremas entre otros, la socia vende de forma ambulatoria a sus amistades y familiares, que le solicitan, la socia lleva años en este negocio el cual le va bien gracias al empeño que le pone cada día a su negocio, la socia es una persona responsable y empeñosa siendo de esta forma que la socia saca adelante a su familia.

La socia solicita el préstamo para la compra de mercadería como perfumes y colonias.

Los otros socios se dedican a la venta de fruta, venta de comida, venta de ropa, venta de repuestos y trabajadores de instituciones privada y pública.

La socia se siente agradecida por el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.

Previous Loan Details

These members belong to the communal bank "Sumac Wata". The bank is located in the district of Cusco that belongs to the province of Cusco and the departent of Cusco. The member is Senovia. She is 46, married, and has 3 children. She works selling fruits, she sells apples, bananas, grapes, t... More from Sumac Wata Group's previous loan »

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).

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.

About Peru

  • $12,000
    Average annual income
  • 128
    View loans »
    Peru Loans Fundraising
  • $58,863,350
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Sumac Wata Group's $4,925 loan helped a member to buy perfumes and colognes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Sep 19, 2012
Oct 5, 2012
Currency Exchange Loss:
Feb 15, 2013
This photo was used before for a previous loan for Sumac Wata Group. It was first posted on Kiva on May, 2012. Learn More