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Virgen Asunta De Huanoquite Group
In this Group: Yndira Fabiola , Sandra , Juan Jose, Paola Cecilia , Juan, Gremaniza, Justo, Marina, Jose Antonio, Adriel Augusto, Luzmila
The members belong to the communal bank “VIRGEN ASUNTA DE HUANOQUITE”. This bank is located in the district of Cusco, which belongs to the province of Cusco in the region of Cusco.

The featured borrower is Adriel. He is single and is twenty-two years old. He alternates his daily activities between tasks in his grocery store business. He sells different types of products, like rice, sugar, milk, candies, carbonated beverages, and other items. He has been in this business for some time and it is going well thanks to the determination he brings to his business each day.

At the same time, this member is studying at a pre-university academy in order to apply for professional courses in administration, feeling that in this way, he can move himself forward.

He is requesting a loan to buy merchandise for his business, like rice and sugar.

The other group members make a living in agriculture, selling livestock products, being a tourism guide, dried grains sales, selling wallets, and selling firewood.

He gives thanks to those that form part of his dream through this medium, and he promises to comply with the payments within the prescribed time period.
View original language description ↓
Los socios pertenecen al banco comunal “VIRGEN ASUNTA DE HUANOQUITE”; Este banco se ubicado en el distrito de Cusco, perteneciente a la provincia Cusco y departamento de Cusco.

El socio Adriel es soltero y tiene 22 años ; El socio alterna sus actividades diarias con el negocio de tienda de abarrotes, el socio vende diferentes tipos de productos como arroz, azúcar, leche, golosinas, gaseosas entre otros, el socio lleva buen tiempo en este negocio el cual le va bien gracias al empeño que le pone cada día a su negocio, el socio a la vez esta estudiando en una academia pre universitaria para postular a la carrera profesional de administración, siendo de esta forma que el socio sale adelante.

La socia solicita el crédito para la compra de mercadería para su negocio como arroz y azúcar.

Los otros socios se dedican a la agricultura, venta de productos agropecuarios, guía de turismo, venta de granos secos, venta de carteras, venta de leña.

El socio 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
  • 67
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.5
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen Asunta De Huanoquite Group's $5,550 loan helped a member to buy merchandise for his business, like rice and sugar.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013