Andres Avelino Caceres Group
Update on Andres Avelino Caceres GroupThese members belong to the “ANDRES AVELINO CACERES” communal bank, located in the Cusco district, province, and department.
Rosamaria is 36 years old, married, and has two children. She has a grocery store business and sells primary needs products, such as rice, sugar, milk, cooking oil, and candy. She also has a moto-taxi that provides services throughout the city of Calca. Her husband drives the moto-taxi and they both move their children ahead in these ways. She’s had her grocery business for four years and things are going well for her. She likes to go for walks with her children in her spare time and her dream is to expand her grocery store. She is asking for this loan in order to stock her store with things like rice, sugar, milk, cooking oil, and cookies.
The small picture added to the photograph is of a member who was not able to attend because of work commitments.
The other members are involved in other businesses, such as selling groceries, animals, snacks, and are in the restaurant business.
[Rosamaria] appreciates those who are part of this dream and she promises to make her payments on time.
La socia es la Sra. Rosamaria ella es conviviente y tiene 36 años y tiene 2 hijos; La socia trabaja en su negocio de tienda de abarrotes,la socia vende productos d eprimera necesidad como arroz,azucar,leche,aceite,galletas y dulces,la socia tambien tiene un motataxi que hace servicio de taxi en la ciudad de Calca,su esposo es el que maneja el mototaxi y los dos sacan adelante a sus hijos,la socia en su negocio de tienda de abarrotes tiene 4 años y el va muy bien y en sus tiempos libres a la socia le gusta salir a pasear con sus hijos,el sueño de la socia es ampliar el negocio de tienda de abarrotes. La socia solicita el préstamo para comprar productos para su tienda de abarrotes como arroz,azucar,leche,aceite y galletas.
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 tienda de abarrotes, negocio de venta de animales, negocio de venta de golosinas y negocio de restaurant.
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.
Previous Loan DetailsThe members belong to the communal bank "ANDRES AVELINO CACERES". This bank is located in the Cusco district, belonging to the Cusco province of the Cusco region. Martha is a member. She lives with her partner. She is 36 years old and has two children. She works with her business selling broths.… More from Andres Avelino Caceres 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.
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Success!! The loan was 100% repaid