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Nuevo Amanecer De Huasao Group
In this Group: Fanny, Alejandra*, Carmen Rosa, Rosinda, Aide, Casilda, Rut, Marta, Ubaldina *, Narcisa, Jessica, Eustaquia
* not pictured
The members belong to the “NUEVO AMANECER DE HUASAO” communal bank. This bank is located in the Cusco district which is part of the Cusco province and Cusco department.

Fanny is 40 years old. She has a partner and two children. She works in her business selling chickens. The member fattens and raises the animals. Later, she sells them in different markets. The member has had her business for five years and it is going very well. Previously, the member had a grocery store but it didn’t turn out well because the products increased in price. The dream of the member is to have a business location where she can sell her chickens. She is requesting a loan to purchase food for the chickens and to also purchase chickens.

The other members sell animals and have carpentry, beauty salon and restaurant businesses.

The member is thankful to the people who are a part of her dream in this way and she is committed to making her payments on time.
View original language description ↓
Los socios pertenecen al banco comunal “NUEVO AMANECER DE HUASAO”; Este banco se ubicada en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Fanny ella es conviviente y tiene 40 años y tiene 2 hijos; La socia trabaja en su negocio de venta de crianza de pollos,la socia los hace engordar y crecer y luego los vende enlas diferentes ferias,la socia ya tiene en este negocio 5 años y le va muiy bien,la socia anteriormente se dedicaba al negocio de tienda de abarrotes pero no le fue muy bien porque los productos subieron de precio,el sueño de la socia es tener un local donde pueda vender los pollos. La socia solicita el préstamo para comprar alimentos para los pollos y también para comprar pollos.

Los otros socios se dedican al negocio de venta de animales, negocio de carpinteria, negocio de venta de salón de belleza 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.



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
  • 121
    View loans »
    Peru Loans Fundraising
  • $56,814,000
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuevo Amanecer De Huasao Group's $5,125 loan helped a member purchase food for chickens and purchase chickens.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 3, 2012
Listed
Oct 7, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013