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Grupo Solidario Patron De San Jeronimo Group
In this Group: Monica Gloria, Zenobio, Ruth Rocio, Rocio, Maria Isabel, Mateo Julio, Maruja, Darwin*, Favian, Bernabe*, Saul, Guadalupe
* not pictured
These members belong to the communal banking group “GRUPO SOLIDARIO PATRON DE SAN JERONIMO”. This bank is located in the district of Cusco, in the province of Cusco, in the department of Cusco.

Monica Gloria is a single, 20-year-old woman. She owns her own business selling clothing such as, pants, blouses, sweaters, and dress coats. She works independently, door-to-door, selling mostly to her friends or other clothing shops. She works from 8 a.m. to 6 p.m. while studying law at the same time. Her dream is to own her own clothing shop one day.

Monica Gloria is requesting this loan to buy clothing to sell. The other members of this group work in restaurants, grocery stores, in stores selling handicrafts, and in taxi services. Maria Gloria is grateful for everyone who has a part in her dream in any way, and she pledges to punctually make all of her repayments.
View original language description ↓
Los socios pertenecen al banco comunal “GRUPO SOLIDARIO PATRON DE SAN JERONIMO”; Este banco se ubicada en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Monica Gloria ella es soltera y tiene 20 años; La socia trabaja en su negocio de venta de ropa, la socia vende pantalones, blusas, chompas y casacas, la socia vende en forma independiente llevando a sus amigas o lugares donde veden ropa, la socia trabaja desde las 8:00 a.m hasta las 6:00 p.m, la socia también estudia la carrera profesional de derecho, el sueño de la socia es tener una tienda donde venda ropa. La socia solicita el préstamo para comprar ropa como pantalones, casacas, polos y blusas.
Los otros socios se dedican al negocio de restaurant, negocio de tienda de abarrotes, negocio de venta de artesanías y negocio de servicio de taxi.


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

  • $12,000
    Average annual income
  • 85
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Grupo Solidario Patron De San Jeronimo Group's $5,900 loan helped a member to buy clothing such as pants, dress coats, polo shirts, and blouses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 4, 2012
Listed
Jan 2, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013