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Señor De Ccoyllority De Huayllabamba Group
In this Group: Aquilino, Mario, Adela, Holga, Renzo, Ubelina, Leonor, Juana Felicitas
A group of neighbors and friends formed the "Señor de Ccoyllority de Huayllabamba" communal bank in the city of Huayllabamba in the province of Urubamba, in Cusco department. This communal bank is made up of people who are continually looking for opportunities to succeed, and with their daily effort, to provide a better future for their children.

The majority of the members work in agriculture and raise livestock. The borrower, Aquilino, was born in the city of Huayllabamba, and lives in the same city where he was born. He is 66 years old, married, and has eight children.

Aquilino's livelihood is farming, and he grows various types of vegetables and tubers. He has been farming for several years now, and it is going extremely well, thanks to the effort he puts into his work.

On this occasion, Aquilino wishes to buy fertilizer and seeds. Aquilino is seen in the photo, raising his hand.

The members in general are grateful for the opportunity offered, and promise to make their various installment payments on time.

Cusco is located in the district and province of Cusco, in Cusco department. It is in the very heart of the ancient city of the Incas, and is known for being a tourist area, for its archaeological sites, for its historical center, for its scenery, for its history, and for being an enchanting city in the southern region of the country.

Cusco is known for being a major tourist and commercial area, for its traditional Inti Raymi festival, and because one of the Seven Wonders of the World, Machu Picchu, is located there.
View original language description ↓
Un grupo de vecinos y amigos formaron el banco comunal “Señor de Ccoyllority de Huayllabamba” en la ciudad de Huayllabamba de la provincia de Urubamba del departamento del Cusco. Este banco comunal está conformado por personas que buscan a cada momento las oportunidades para salir adelante y con su esfuerzo diario entregar un mejor futuro a sus hijos. La mayoría de los socios se dedica a la agricultura y a la ganadería. El socio Aquilino nació en la ciudad de Huayllabamba y vive en la misma ciudad donde nació, él tiene 66 años de edad, es casado y fruto de esta hermosa relación tiene 8 hijos. Su actividad económica del socio Aquilino es la agricultura, el socio se dedica a sembrar diferentes tipos de hortalizas y tubérculos. Ya son varios años que se dedica a la agricultura y le va excelente gracias al empeño que pone en su trabajo. En esta oportunidad la socia Aquilino desea comprar fertilizante y semillas. (El socio Aquilino esta levantando la mano en la fotografía).

Los socios en general agradecen la oportunidad brindada y se comprometen a cumplir con el pago de sus diferentes cuotas en los plazos establecidos. Cusco está ubicado en el distrito y provincia del Cusco del departamento del Cusco en pleno corazón de la antigua ciudad de los Incas y se caracteriza por ser una zona turística por sus centros arqueológicos por su centro histórico por sus paisajes por su historia y siendo una ciudad encantadora de la Región del Sur del país. Cusco es conocido por ser una zona muy turística, comercial, por su fiesta tradicional del Inti Raymi y porque se encuentra una de las siete maravillas del mundo “Machupicchu”.

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
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,998,275
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Señor De Ccoyllority De Huayllabamba Group's $2,200 loan helped a member to buy fertilizer and seeds.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 27, 2012
Listed
Oct 13, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013