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Hatun Soncco Group
In this Group: Maruja, Gumercinda, Marco Antonio, Isabel, Marco Antonio, Yasmina, Pedro*, Rosa, Blanca, Yoni, Alberto, Vicenta, Jhon Luis*, Hilda, Sandra, Betsy
* not pictured
The members belong to the communal bank Hatun Soncco. This bank is located in the district of Cusco, belonging to the province of Cusco and the department of Cusco.

The member, Maruja, is marred and is 50 years old with 3 children. She works in her own business raising animals, selling guinea pigs and chickens. She fattens them and later sells them in the market and also delivers them to places such as Puerto Maldonado. In her free time she likes to knit sweaters for her children. She has been in this business for 7 years. Her dream is to have her own facility where she can sell animals. She is asking for a loan in order to buy chickens, guinea pigs, and animal feed.

The other members have the following businesses: restaurants, grocery stores, selling beer, and taxi services.

The borrower offers thanks to those who are a part of this dream through this means and she promises to make her payments according to the established plan.
View original language description ↓
Los socios pertenecen al banco comunal “HATUN SONCCO”; Este banco se ubicada en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Maruja ella es casada y tiene 50 años y tiene 3 hijos; La socia trabaja en su negocio de crianza de animales, la socia vende cuyes y gallinas, la socia los hace engordar y crecer y luego los vende en el mercado y también envía a lugares como Puerto Maldonado, la socia en sus tiempos libres le gusta tejer chompas para sus hijos, la socia se dedica a este negocio 7 años en este negocio, el sueño de la socia es tener un local donde pueda vender los animales. La socia solicita el préstamo para comprar gallinas y cuyes y alimentos para los animales.
Los otros socios se dedican al negocio de restaurant, negocio de tienda de abarrotes, negocio de venta de cerveza 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

  • $6,715
    Average annual income
  • 88
    View loans »
    Peru Loans Fundraising
  • $56,011,725
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Hatun Soncco Group's $5,575 loan helped a member to buy chickens, guinea pigs, and animal feed.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2013