Tikariy Quillahuata Group
Update on Tikariy Quillahuata GroupThese are the members of the “TIKARY QUILLAHUATA” communal bank, located in the San Sebastian district of the Cusco department and province.
Yuliana is married, is 40 years old, and has five children. She raises animals and sells Guinea pigs, in the market and at different fairs. She works from 8:00 am to 5:00 pm and has been doing this for seven years. Things are going well for her. Her dream is to have her own establishment from where she can make her sales and she is asking for this loan to buy Guinea pigs and feed.
The photo of the member attached to the group image was taken later because he has to work.
The other members have different businesses, such as grocery store, raising and sale of animas, and taxi service.
She is grateful to those who form part of this dream and promises to make her payments on schedule.
La socia es la Sra. Yuliana ella es casada y tiene 40 años y tiene 5 hijos; La socia trabaja en su negocio de crianza de animales, la socia vende cuyes, la socia los hace engordar y crecer y luego los vende en el mercado y en diferentes ferias, la socia trabaja desde las 8:00 a.m hasta las 5:00 p.m, la socia ya tiene 7 años y le va muy bien, el sueño de la socia es tener un local donde pueda vender los animales. La socia solicita el préstamo para comprar cuyes y alimentos para los animales.
El socio que esta pegado a la foto grupal se le tomo despues la foto porque pidio permiso por motivos de trabajo.
Los otros socios se dedican al negocio de restaurant, negocio de tienda de abarrotes, negocio de venta de crianza de animales 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
Previous Loan DetailsA group of friends and neighbors formed the “Tikariy Quillahuata” Communal Bank in the community of Quillahuata, in San Sebatian District in Cusco Province and Cusco Department. This communal bank is made up of people who are always looking for ways to move ahead and provide a better future for t... More from Tikariy Quillahuata Group's previous loan »
Important InformationAbout 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).
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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.
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Success!! The loan was 100% repaid