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Sol Y Luna Group
In this Group: Luisa , Mario, Clorinda, Mery , Tricia Jesus , Adrian , Mercedes , Zenaida , Justino Felix , Luis Carlos
The members belong to the “Sol y Luna” communal bank. This bank is located in the Cusco district, part of the Cusco province and department.

The member in question is Mario: he is 55 years old with 3 children and is a husband. Mario alternates his daily activities offering taxi services. He has spent many years in this business which is going well thanks to the hard work he puts in every day. Mario works from Monday to Friday from approximately 7:00 am to 7:00 pm. He is a responsible and diligent person given that this is the way in which he gets his family ahead in life. Mario is seeking this loan to maintain his car such as changing the oil.

The other members make their living selling handicrafts, printing, photocopiers, selling jewelry, skilled builder, cook and public sector workers. Mario is grateful to those who are part of this dream through this method. He promises to meet the repayments within the set time frame.
View original language description ↓
Los socios pertenecen al banco comunal “SOL Y LUNA”; Este banco se ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

El socio es el señor Mario, el socio tiene 55 años de edad,03 hijos y es conviviente; él socio alterna sus actividades diarias brindando el servicio de taxi, el socio lleva años en este negocio el cual le va bien gracias al empeño que le pone cada día a su negocio, él socio trabaja de lunes a viernes desde las 07:00am hasta las 07:00pm aproximadamente, el socio es una persona responsable y empeñosa siendo de esta forma que el socio saca adelante a su familia.

El socio solicita el crédito para el mantenimiento de su carro como en el cambio de aceite.

Los otros socios se dedican al negocio de venta de artesania, imprenta, fotocopiadoras, venta de bisutería, mestro constructor, cocinero, trabajadores del sector público.

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
  • 85
    View loans »
    Peru Loans Fundraising
  • $55,191,575
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Sol Y Luna Group's $5,325 loan helped a member to maintain his car such as changing the oil.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013