Señor De La Agonia De Taray Group
Update on Señor De La Agonia De Taray GroupThese associates are members of the “SEÑOR DE LA AGONIA DE TARAY” communal bank. This bank is located in the district of Cusco, which is part of both the province and department of Cusco.
This member’s name is Martha, 43, and she’s in a common-law relationship and has 4 children. This member’s business is selling crafts. She sells dolls, blankets, back packs and woven items. She sells her merchandise by foot in the streets of the district of Taray. She sells to the different national and international tourists. She works from 8am to 5pm. She’s been running her business for 10 years and it’s going well; with this business she’s been able to get ahead with her children. Her dream is to have a place to sell her crafts. She is requesting a loan to buy blankets, dolls, woven items and back packs.
The members whose photos have been pasted onto the group photo asked permission to have their photos taken later, because of a work conflict.
The other members are in sales too. They sell jewellery, groceries, clothing and earrings.
This member is grateful to those who are a part of this dream and she promises to make all of her payments on schedule.
La socia es la Sra. Martha ella es conviviente y tiene 43 años y tiene 4 hijos; La socia trabaja en su negocio de venta de artesanía,la socia vende artesanías como muñecas,mantas,mochilas y tejidos,la socia vende en forma ambulatoria en las calles de la distrito de Taray,ella vende a los diferentes turistas nacionales y extranjeros,la socia trabaja desde las 8:00 a.m hasta las 5:00 p.m,la socia ya tiene en este negocio 10 años y le va muy bien y por medio de este negocio la socia saca adelante a sus hijos,el seuño de la socia es tener un local donde puede vender las artesanías. La socia solicita el préstamo para comprar mantas, muñecas, tejidos y mochilas.
Las socias que estan pegadas a la foto grupal se les tomo despues la foto porque pidieron permiso por motivos de trabajo.
Los otros socios se dedican al negocio de joyeria, negocio de tienda de abarrotes, negocio de venta de ropa y negocio de venta de aretes.
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 DetailsThis associate is a member of the SEÑOR DE LA AGONIA DE TARAY communal bank, located in the Taray district, within the Calca province and Cusco department. Felicia is 41 years old, married, and has two children. She has an arts and crafts business and sells different types of merchandise, such… More from Señor De La Agonia De Taray 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
- Repayment Term
- 6 months (Additional Information)
- Repayment Schedule
- Sep 17, 2012
- Oct 16, 2012
- Currency Exchange Loss:
- Feb 15, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.