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Tres Barrios De Ccoricancha Group
In this Group: Juliana, Nelly, Maria Concepcion, Isabel, Ramon, Simeona, Luz Marina, Valeriana, Ceferino, Olga*
* not pictured
These are the members of communal bank "Tres barrios de Ccoricancha," located in the Chinchero district, Chinchero province, Cusco department.

Mrs. Juliana, one of the members, is 50 years old, single and has two children. She raises farm animals such as sheep and guinea pigs. Once they are big and have reached the right weight, she sells them in different cattle markets.

Juliana works from 8 am until 3 pm. She has been doing this for five years and does very well. Her dream is to expand her livestock business and she is requesting a loan to buy farm animals, such as sheep and guinea pigs.

The remaining members have different lines of work: vegetable sales, cattle farming, grocery sales and animal sales.

Juliana is grateful to those who make part of her dream through Kiva and promises to pay the installments according to plan.
View original language description ↓
Los socios pertenecen al banco comunal “TRES BARRIOS DE CCORICANCHA”; Este banco se ubicada en el distrito de Chinchero, perteneciente a la provincia de Chinchero y departamento de Cusco.

La socia es la Sra. Juliana ella es soltera y tiene 50 años y tiene 2 hijos; La socia trabaja en su negocio de ganadería y crianza de animales como ovejas y cuyes, la socia los hace engordar y crecer y luego los vende en las diferentes ferias, la socia trabaja desde las 8:00 a.m hasta las 3:00 p.m,la socia ya tiene en estos pequeños negocios 5 años y le va muy bien, el sueño de la socia es ampliar el negocio de ganadería y crianza de animales. La socia solicita el crédito para comprar animales como ovejas y cuyes.
Los otros socios se dedican al negocio de venta de verduras, negocio de ganadería, negocio de venta de tienda de abarrotes y negocio de venta de crianza de animales.


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.

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
  • 118
    View loans »
    Peru Loans Fundraising
  • $55,267,550
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Tres Barrios De Ccoricancha Group's $2,250 loan helped a member to buy farm animals such as sheep and guinea pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013