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El Poder Group
In this Group: Wendy Jennifer, Ivonne Milagros, Maria Liz, Wilfredo Isaac, Washington Claudio, Yessika, Belisario Martin, Daniel Raul*
* not pictured

Update on El Poder Group

These members belong to the communal bank “El Poder” (The Power). The bank is located in Cusco District, which is a part of Cusco Province and Cusco Department.

Sra. Wendy Jennifer is married, 31- years old and has 1 son. Her business is selling medications. She is a medication saleswoman who brings the medications to different doctors' offices. She works from 8:00am until 6:00pm and has been in this line of work for five years. Work has been going very well for her. She hopes to one day have a place of business from which she could sell the medications. Sra. Wendy Jennifer is requesting the loan in order to purchase medications for re-sale.

The other members for the communal bank make their livings selling beauty products, medications or clothing and running an internet cafe.

Sra. Wendy Jennifer is grateful to those who are helping make her dreams come true through the loan, and she promises to comply with her established re-payment plan.
View original language description ↓
Los socios pertenecen al banco comunal “El PODER”; Este banco se ubicada en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Wendy Jennifer ella es casada y tiene 31 años y tiene 1 hijo; La socia trabaja en su negocio de venta de medicinas, la socia es visitadora medica llevando medicinas a diferente consultorios médicos, la socia trabaja desde las 8:00 a.m hasta las 6:00 p.m, la socia ya tiene 5 años en este trabajo y le va muy bien, el sueño de la socia es tener un lugar donde pueda vender las medicinas. La socia solicita el crédito para comprar medicinas para que pueda vender.

Los otros socios se dedican al negocio de venta de productos de belleza, negocio de venta de medicinas, negocio de venta de ropa y negocio de cabina de internet.

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

They are members of the “EL PODER” communal bank, located in the Cusco district, province, and department. Ivonne Milagros is 38 years old, married, and has three children. She sells beauty products, such as lipsticks, perfumes, and creams. She sells on her own, travelling to different place... More from El Poder 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
  • 157
    View loans »
    Peru Loans Fundraising
  • $60,191,850
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Poder Group's $3,725 loan helped a member to purchase medications for re-sale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jan 9, 2013
Mar 1, 2013
Currency Exchange Loss:
Jun 17, 2013