Sr. De Coyllority De Arin Group
The business activities of the members include selling chicha (a sweet drink made of corn), buying and selling small animals, and selling maize, vegetables, artisan crafts, and cosmetics, and offering services.
Emiliana was born in the town center of Arin, and she lives in the same place where she was born. Her main business activities are agriculture and livestock. She sells vegetables in different markets in the cities of Urubamba and Calca. She also raises small livestock, such as guinea pigs and chickens. Emiliana needs this loan to buy seeds and manure.
The members are grateful for this opportunity and they are committed to paying their fees at the established times.
La socia Emiliana nació en el centro poblado de Arin y vive donde nació. Su actividad económica principal de Emiliana es la agricultura y la ganadería, ella vende verduras en diferentes mercados de las ciudades de Urubamba y Calca, ella también se dedica a la crianza de animales menores como cuyes y gallinas. En esta oportunidad Emiliana requiere el préstamo para comprar semillas y abono.
Los socios en general agradecen la oportunidad brindada y se comprometen a cumplir con el pago de sus diferentes cuotas en los plazos establecidos.
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).
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