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Manos Unidas De Amadeo Repeto Group
In this Group: Lorenza, Sussy Brigitte, Marco Antonio, Charo, Catalina, Antonia*, Lucila, Teofila, Brenda, Maria Belen*, Miguel Franco, Policarpo
* not pictured
A group of neighbors and friends formed a village bank "Manos Unidas de Amadeo Repeto" in the city of Cusco. The village bank is made up of men and women who are workers and entrepreneurs looking for opportunities to succeed and, with their daily efforts, create a better life for their children. Examples of the work of the members are for example: dressmaking, selling groceries, selling food, and professionals in the areas of health and archeology.

Charo is a member of the village bank. She is 37 years old, married and together with her husband she has three children. Charo told us she is proudly raising her children with the help of her partner. Charo is a nurse by profession, but she works with a group of colleagues on health projects. With this opportunity, Charo requires a loan to buy writing materials like paper, pencils, ink, notebooks and other materials.

The members have appreciated the opportunity and have agreed to comply with the payment of their fees in due time.
View original language description ↓
Un grupo de vecinos y amigos formaron el banco comunal “Manos Unidas de Amadeo Repeto” en la ciudad del Cusco y el banco comunal está conformado por mujeres y varones que son trabajadores y emprendedores 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 las socias son por ejemplo; confección de ropas, venta de abarrotes, venta de comida los demás son profesionales en las aéreas de salud y arqueología.

Charo es miembro del banco comunal, ella tiene 37 años y es casada y fruto de esta hermosa relación tiene tres hijos. Charo nos cuenta con mucho orgullo que está sacando adelante a sus hijos y con ayuda de su pareja. Charo es enfermera de profesión pero trabaja con un grupo de colegas haciendo proyectos de salud. En esta oportunidad Charo requiere el préstamo para comprar materiales de escritorio como papel, lapiceros, tintas, cuadernos y otras cosas más.

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
  • 103
    View loans »
    Peru Loans Fundraising
  • $56,733,750
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Manos Unidas De Amadeo Repeto Group's $4,825 loan helped a member to buy writing materials like paper, pencils, inks, notebooks and other things.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 21, 2012
Listed
Dec 4, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013