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Confraternidad -Cusco Group
In this Group: Livia, Pedro, Vicentina*, Jena Pierre, Romvaldina, Alfredo, Arnold Raul, Maria, Dominga
* not pictured
The members belong to the communal bank "Confraternidad - Cusco". This bank is located in the district of Cusco, belonging to the province of Cusco and department of Cusco.

The member Livia is single and is 35 years old. The member works in her business selling fruits, she sells apples, oranges, bananas, tangerines, etc. The member has premises where she sells fruits. She works from 5:00 am to 4:00 pm, she has been engaged to this business for six years, and she is doing well. In her spare time, the member likes to go for walks. Her dream is to expand her business of selling fruit. The member is requesting a loan to buy apples, oranges, grapes, papayas and bananas wholesale.

The member who has his picture stuck in the group picture had his photo taken after the photo because he asked permission for work reasons. The other members are engaged to the business of selling shoes, to the business of selling beauty products, to restaurants, and to the business of selling clothes.

The member thanks to those who are part of this dream and agrees to comply with her installments on time.
View original language description ↓
Los socios pertenecen al banco comunal “CONFRATERNIDAD -CUSCO”; Este banco se ubicada en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Livia ella es soltera y tiene 35 años; La socia trabaja en su negocio de venta de frutas,la socia vende manzanas,naranjas,platanos,mandarinas,als ocia tiene un local donde vende frutas,la socia trabaja desde las 5:00 a.m hasta las 4:00 p.m,la socia se dedica 6 años a este negocio y le va muy bien,en sus tiempos libres a la socia le gusta salir a pasear,el sueño de la socia es ampliar el negocio de venta de frutas. La socia solicita el préstamo para comprar manzanas, naranjas, uvas, papayas y paltanos al por mayor.
El socio que esta pegado a la foto grupal se le tomo despues la foto porque porque pidio permiso por motivos de trabajo.
Los otros socios se dedican al negocio de venta de zapatos, negocio de venta de productos de belleza, negocio de restaurant y negocio de venta de ropa.

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

  • $12,000
    Average annual income
  • 126
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Confraternidad -Cusco Group's $1,900 loan helped a member to buy apples, oranges, grapes, papayas and bananas wholesale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2012
Listed
Oct 12, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013