Santa Rosa De Collana Group
Update on Santa Rosa De Collana GroupThe members belong to the “Santa Rosa de Collana” communal bank located in Cusco District belonging to Cusco Province and Department.
One of the members is Remigia, 50. She’s married and has six children. She works in her business raising animals like guinea pigs, chickens and pigs. She fattens them up and then sells them in various markets. She also works in agriculture. She has a field where she grows potatoes and corn she also sells in the market. She’s been in the animal raising and in the agriculture business for about 7 years and by means of them is able to support her children. Her dream is to have a locale in which to sell her animals. She’s requesting the loan to buy guinea pigs, chicks and pigs and also to buy feed for the animals. Remigia is grateful to those who share her dream this way and commits to make her installment payments as scheduled. The other members work selling toys, groceries, provide taxi services, run a restaurant and sell food.
The members who are in the photo attached to the group photo took the photo later because they requested permission due to work. The woman with her face covered with a circle is no longer a member of the Santa Rosa de Collana communal bank.
La socia es la Sra. Remigia ella es casada y tiene 50 años y tiene 6 hijos; La socia trabaja en su negocio de crianza de animlaes como cuyes,gallinas y chanchos,la socia los hace engordar y crecer y luego los vende en las diferentes mercados,la socia también se dedica a la agricultura,la socia tiene un terreno de cultivo donde siembra papa y maíz y también lo vende en el mercado,la socia en su negocio de crianza de animales y negocio de agricultura tiene 7 años,por medio de estos negocios la socia saca adelante a sus hijos,el sueño de la socia es tener un local donde pueda vender los animales. La socia solicita el préstamo para comprar cuyes, gallinas y chanchos y también para comprar alimentos para los animales.
Los socios que estan pegados a la foto grupal se les tomo despues la foto porque pidieron permiso por motivos de trabajo y la socia que esta tapada su cara con un circulo ya no pertenece al banco comunal Santa Rosa de Collana.
Los otros socios se dedican al negocio de venta de juguetes, negocio de tienda de abarrotes, negocio de servicio de taxi, negocio de restaurant y negocio de venta de comida.
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 Santa Rosa de Collana community bank is currently in its sixth loan cycle. It is made up of hardworking and enterprising people who are always seeking opportunities to get ahead in life, and to provide their children with a brighter future by working hard every day. The following people are m... More from Santa Rosa De Collana 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.
102View loans »
Success!! The loan was 100% repaid