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Yahuar Maqui Group
In this Group: Reyna Yamina, Antonieta, Jorge Leonidas, Leoncio*, Maria Augusta, Alipia, Gladys Veronica, Maria Antonieta, Gloria, Carmen Lourdes, Rejina, Gregorio, Margarita, Rosalia*, Susan Anthony, Jhosep Richard
* not pictured
The members belong to the comunal bank “Yahuar Maqui.” This bank is located in the district of Cusco, belonging to the province of Cusco and the department of Cusco.

Reyna Yamina lives with her partner, is 41 years old, and has three children. She works in her business selling clothes. She sells pants, sweaters, t-shirts, and blouses. She sells in mobile form distributing to her friends and general public. She works from 8:00 a.m. until 8:00 p.m. She already has seven years’ experience in this business and it is going very well for her. Previously she worked in a restaurant but it was very difficult to obtain a fixed location. Therefore, she decided to change the business. Her dream is to expand the business selling clothing. She is requesting the loan to buy blouses, pants, t-shirts, and sweaters.

The other members make their livings selling crafts, working in a mechanic’s shop, a restaurant, and a grocery store.

Reyna Yamina thanks those who form a part of this dream by these means and promises to complete the payments of her dues in the established period.
View original language description ↓
Los socios pertenecen al banco comunal “YAHUAR MAQUI”; Este banco se ubicada en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Reyna Yamina ella es conviviente y tiene 41 años y tiene 3 hijos; La socia trabaja en su negocio de venta de ropa, la socia vende pantalones,chompas,polos y blusas, ella vende en forma ambulatoria repartiendo a sus amigas y público en general, la socia trabaja desde las 8:00 a.m hasta las 8:00 p.m,la socia ya tiene 7 años en este negocio y le va muy bien, la socia anteriormente se dedicaba al negocio de restaurant pero era muy difícil conseguir local y es por ello que decidió cambiar de negocio, el sueño de la socia es ampliar el negocio de venta de ropa. La socia solicita el préstamo para comprar blusas, pantalones, polos y chompas.
Los otros socios se dedican al negocio de venta de artesanía, negocio de taller de mecánica, negocio de restaurant y negocio de venta de tienda de abarrotes.

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
  • 35
    View loans »
    Peru Loans Fundraising
  • $54,528,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Yahuar Maqui Group's $6,550 loan helped a member to buy blouses, pants, t-shirts, and sweaters.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013