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Nueva Luz Ii Group
In this Group: Isabel Reyna , Marcelina, Natalia , Nancy , Emilio , Nilda , Doris Ana , Evangelina , Luis , Lucila , Miriam Liz, Hanun Jaasiel , Ruth Neyda, Maritza , Hermogenes , Nathaly Karem

Update on Nueva Luz Ii Group

The members belong to the “Nueva Luz” communal bank. This bank is located in the district of Cusco, in the province of Cusco, and the department of Cusco.

Reyna Isabel is married and has 2 children. She continues with her grocery business. She sells different kinds of products, like rice, sugar, milk, sweets, and soft drinks, among other things. She is happy with her business, which brings her satisfaction, both economically and personally. She hopes to continue working and supporting her family.

She is requesting the loan to buy merchandise such as soft drinks for her business.

The other members have businesses selling clothing, selling shoes, selling sweets, selling meats, running a restaurant, a hotel, and workers for private businesses.

Reyna Isabel thanks all those who are a part of this dream through her dream in this way and she pledges to complete her repayments according to the established time frame.
View original language description ↓
Los socios pertenecen al banco comunal “NUEVA LUZ”; Este banco se ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Reyna Isabel ella es casada y tiene 2 hijos; La socia continua con su negocio de tienda de abarrotes, la socia vende diferentes tipos de productos como arroz, azucar, leche, golosinas, gaseosas entre otros, la socia se siente feliz con su negocio el cual le trae satisfacciones tanto económicas como personales, la socia espera poder seguir trabajando para de esta forma seguir apoyando a su familia.
La socia solicita el crédito para la compra de mercadería como gaseosas para su negocio.

Los otros socios se dedican al negocio de venta ropa, venta de zapatillas, venta de golosinas, venta de carne, restaurante, hotelería y trabajadores para empresas privadas.

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 Details

These members belong to the “NUEVA LUZ” communal bank. This bank is located in the distrcit of Cuzco, in the province and department of Cuzco. The member named Isabel Reyna is 31, married and has 2 children. She alternates her daily activities with her business, a small grocery store. She se... More from Nueva Luz Ii Group's previous loan »

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).

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.

About Peru

  • $12,000
    Average annual income
  • 107
    View loans »
    Peru Loans Fundraising
  • $57,923,600
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Luz Ii Group's $6,250 loan helped a member to buy merchandise such as soft drinks for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jan 10, 2013
Mar 1, 2013
Currency Exchange Loss:
Jun 17, 2013