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San Isidro De Yanahuara Group
In this Group: Karin, Lisbeth, Vicente, Angelica, Milagros, Jovita, Juliana, Julian, Victoria, Gregoria, Francisca, Josefina, Alexci Moises
The members belong to San Isidro de Yanahuara Communal Bank, located in the district of Urubamba in the province of Urubamba and department of Cusco.

The member, Karin, 37, lives with her partner and has four children. She works in her business raising animals: chickens, guinea pigs, and ducks. She fattens them and makes them grow, then sells them in various markets and fairs. She works from 8 a.m. until 4 p.m. She has been in this business for six years and it's going very well for her. Her dream is to have a place to sell her animals.

She's requesting a loan to buy chickens, guinea pigs, ducks, and animal feed.

The other members' businesses are raising animals, a grocery store, selling "chicha" [a corn beverage], and selling guinea pigs.

She's grateful to those who, through this loan, are part of her dream, and she pledges to make her payments on time.
View original language description ↓
Los socios pertenecen al banco comunal “SAN ISIDRO DE YANAHUARA”; Este banco se ubicada en el distrito de Urubamba, perteneciente a la provincia de Urubamba y departamento de Cusco.

La socia es la Sra. Karin ella es conviviente y tiene 37 años y tiene 4 hijos; La socia trabaja en su negocio de crianza de animales, la socia cría pollos, cuyes y patos, la socia los hace engordar y crecer y luego los vende en las diferentes mercados y ferias, la socia trabaja desde las 8:00 a.m hasta las 4:00 p.m,la socia ya tiene 6 años en este negocio y le va muy bien, el sueño de la socia es tener un local donde pueda vender los animales. La socia solicita el préstamo para comprar pollos, cuyes y patos y alimentos para los animales.
Los otros socios se dedican al negocio de crianza de animales, negocio de tienda de abarrotes, negocio de venta de chicha y negocio de venta de cuyes.

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

  • $6,715
    Average annual income
  • 67
    View loans »
    Peru Loans Fundraising
  • $53,956,025
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of San Isidro De Yanahuara Group's $6,775 loan helped a member to buy chickens, guinea pigs, ducks, and animal feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2012
Listed
Nov 15, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013