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Kantu De San Jeronimo Group
In this Group: Alcira, David Pastor, Susana Marlyn, Yanet, Silvia Patricia*, Gladis, Beatriz, Ayde Marisol, Lureano, Margareth
* not pictured
A group of friends and neighbors formed the communal bank “Kantu de San Jeronimo” in the district of Cusco province of Cusco of the department of Cusco. It has been several years that this communal bank has been going, and it is very well organized. This communal bank is made up of people who are searching continuously for opportunities to get ahead, and to bring a better future to their children through their daily efforts. The primary business activities of the members are, for example: selling breakfast foods, an eatery, grocery sales, and other members work in the fields of tourism and education.

Alcira was born in the city of Acomayo but now lives in the beautiful city of Cusco. She is married, and the result of this beautiful relationship is that they have two children. She sells nutritional products to different people as her business. It has been several years since she began this business, and it is going very well for her. At the moment, Alcira needs a loan for personal use in order to feed her children.

The members as a whole are thankful for the opportunity that has been offered and promise to make payments of each of their different loans on schedule as arranged.
View original language description ↓
Un grupo de vecinos y amigos formaron el banco comunal “Kantu de San Jeronimo” en el distrito de Cusco de la provincia del Cusco del Departamento 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 son por ejemplo; venta desayunos, venta de comida y venta de comestibles otros socios se dedican a la brindar servicio de turismo y educación.

Alcira nació en la ciudad del Acomayo pero vive en la hermosa ciudad del Cusco, ella es casada y fruto de esta hermosa relacion tiene dos hijos, ella se dedica a vender productos nutricionales a diferentes personas. Ya son varios años que se dedica a este negocio y le va muy bien. En esta oportunidad Alcira requiere el préstamo para uso personal para alimentación de sus hijos.

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

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

  • $6,715
    Average annual income
  • 67
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Kantu De San Jeronimo Group's $4,050 loan helped a member to use this for feeding her children.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2012
Listed
Nov 6, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013