Los Gigantes De Santiago De Chacan Group
Update on Los Gigantes De Santiago De Chacan GroupThe members belong to the “Los Gigantes de Santiago de Chacan” communal bank. This bank is located in the Anta district, Anta province, Cusco department.
Pascuala is a member, and she is in a common-law marriage. She is 46 years old, and she has one child. She works in her agricultural business, and she sells wheat and beans. She has a small piece of land where she grows wheat and beans. She sells at the different markets. She works from 9:00 a.m. until 6:00 p.m. She has had this business for six years, and it is going very well for her.
She is requesting the loan to buy bean and wheat seeds.
The other members sell animals, sell crops, provide taxi service, and have a livestock business. The member whose thumbnail photo is pasted to the group photo requested that her photo be taken later for work-related reasons
Pascuala is grateful to those who form part of this dream through this loan. She pledges to make her payments in a timely fashion.
La socia es la Sra. Pascuala ella es conviviente y tiene 46 años y tiene 1 hijo; La socia trabaja en su negocio de agricultura a la venta de trigo y habas, la socia tiene un pequeño terreno donde siembra trigo y habas, la socia vende en los diferentes mercados, la socia trabaja desde las 9:00 a.m hasta las 6:00 p.m, la socia ya tiene 6 años en este negocio y le va muy bien. La socia solicita el crédito para comprar semillas de habas y trigo.
La socia que esta pegada a la foto grupal se le tomo despues la foto porque pidio permiso por motivoa de trabajo.
Los otros socios se dedican al negocio de venta de animales, negocio de venta de agricultura, negocio de servicio de taxi y negocio de ganadería.
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 DetailsThe group members belong to the communal bank "Los Gigantes de Santiago de Chacan". This bank is located in the district of Anta, which belongs to the province of Anta and the department of Cusco. One of the group members is Josefa. She is 48 years old and is married with 6 children. She makes a… More from Los Gigantes De Santiago De Chacan Group's previous loan »
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).
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.
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Success!! The loan was 100% repaid