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Sr. De Qoyllority Group
In this Group: Ceferino , Benedicta , Enrriqueta , Hilda, Angela, Gladis Pascuala , Flora , Marco Aurelio, Basilia, Soledad

Update on Sr. De Qoyllority Group

A group of neighbors and friends formed the Communal Bank “Sr. De Qoyllority” which is located in the community of Muñapata in the District of Urcos, Quispicanchis Province, Department of Cusco. The community of Muñapata is located 35 minutes away from the city of Cusco. The members have worked together as a Communal Bank for several years and are well-organized. They view each moment as an opportunity to move forward, so they strive each day to provide a better future for their children. The members participate in business activities such as raising small animals, selling firewood, selling food products, selling honey, selling cosmetics, and selling meals.

In the photograph, Sra. Flora is the woman with her hand raised. She lives in the community of Muñapata and engages in different business activities. Among her main business activities are raising small animals and selling basic necessities. She has been in business for several years and has done very well. Flora is taking this opportunity to buy merchandise such as sacks of rice and sugar. She will also buy small animals, such as guinea pigs.

The members are grateful for the opportunity that has been given to them and promise to complete their respective payments according to the established terms.

View original language description ↓
Un grupo de vecinos y amigos formaron el banco comunal “Sr. de Qoyllorty” en la comunidad de Muñapata del distrito de Urcos de la provincia de Quispicanchis del departamento del Cusco. (La comunidad de Muñapata se encuentra ubicado a 35 minutos de la ciudad del Cusco). Ya son varios años que funciona el banco comunal y está bien organizado. 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. Las actividades económicas de los socios por ejemplo; crianza de animales menores, venta de leña, venta de comestibles, venta de miel, venta de cosméticos y venta de comida.

(La señora Flora está levantando la mano en la fotografía).
Flora vive en la comunidad de Muñapata donde realiza diferentes tipos de actividades. Una de sus actividades económica principales es la crianza de animales menores y la venta de productos de primera necesidad. Ya son varios años que se dedica a este negocio y le va muy bien. En esta oportunidad Flora requiere el préstamo para mercadería como sacos de azúcar y sacos de arroz por lo parte tambien comprara animales menores como cuyes.

Los socios en general agradecen la oportunidad brindada y se comprometen a cumplir con el pago de sus diferentes cuotas en los plazos establecidos.

Previous Loan Details

Our members belong to the communal bank “SR. D. QOYLLORITY”. They are 12 enterprising and hardworking members. The members live in the district of Muñapata, province of Quispicanchis, department of Cuzco. Our member is Josefina. She is 44 years old. She has 4 children, aged 26, 24, 20, and 12.... More from Sr. De Qoyllority Group's previous loan »

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).

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.

About Peru

  • $12,000
    Average annual income
  • 113
    View loans »
    Peru Loans Fundraising
  • $60,109,800
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Sr. De Qoyllority Group's $3,350 loan helped a member to buy sacks of rice and sugar, as well as guinea pigs to raise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Oct 11, 2012
Nov 8, 2012
Currency Exchange Loss:
May 17, 2013