Check out other loans that are currently fundraising!
Imasumac De Amadeo Repeto Group
In this Group: Ricardina, Mariela Grisel , Yovana , Felicitas , Juan , Virginia , Fredy , Jose Luis , Maria Isabel , Willy
The members belong to Imasumac de Amadeo Repeto Communal Bank, located in the province of Cusco, department of Cusco.

The member, Ricardina, 59, is separated and has four children. She divides her time between her daily activities and her business selling clothing. She has been in this business for years and it's going well for her thanks to the effort she puts into it every day. She sells pants, coats, polo shirts, sweaters, and other clothing for her customers who order from her, including friends and relatives. She's a responsible and hardworking person, this being the way she gets her family ahead.

She's requesting the loan to buy merchandise such as coats for her business.

The other members make a living in "salchipapas" sales [sausage and fried potatoes], clothing sales, metalworking, carpentry, craft sales, and teaching. The member in the attached photo asked permission to arrive late to the meeting.

The member is grateful to those who share this dream by this means and she's committed to making her payments on time.
View original language description ↓
Los socios pertenecen al banco comunal “IMASUMAC DE AMADEO REPETO”; Este banco se ubicado en la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Ricardina ella es separada, tiene 59 años y tiene 4 hijos; La socia alterna sus actividades diarias con su negocio de venta de ropa, la socia lleva años en este negocio el cual le va bien gracias al empeño que le pone cada día a su negocio ,la socia vende lo que son pantalones, casascas, polos, chompas entre otros para sus clientes que le solicitan como amistades,familiares entre otros, la socia es una persona responsable y empeñosa siendo de esta forma que la socia saca adelante a su familia.

La socia solicita el crédito para la compra de mercadería como casacas para su negocio.

Los otros socios se dedican a la venta de salchipapas, venta de ropa, carpintería metálica, carpinteria, venta de artesania, docente.
La socia que sale en la foto adjunta pidio permiso para llegar tarde a la reunion.

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
  • 95
    View loans »
    Peru Loans Fundraising
  • $57,998,275
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Imasumac De Amadeo Repeto Group's $2,250 loan helped a member to buy coats.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 4, 2012
Listed
Jan 2, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2013