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Los Solidarios Group
In this Group: Karelin, Mily Yanet, Edison Pascual, Adelqui, Liliana, Hilario, Julia Evangelina, Lucia
The members belong to the "Los Solidarios" communal bank. This bank is located in the district of Cuzco, which is part of Cuzco province in Cusco department. The member is Karelin. She is single, 31 years old, and has one child.

She works in her business selling jewelry and watches. She has a store where she sells watches, and jewelry such as bracelets, rings and earrings. She works from 8am until 7pm. She has been in this business for seven years now and it is going very well.

Her dream is to expand her business selling jewelry and watches. She is requesting the loan to buy watches, rings, earrings and bracelets. The other members have businesses such as selling crafts, a grocery store, a beauty salon and a restaurant.

She is grateful to those who, by this means, form part of this dream, and promises to make her installment payments on time.
View original language description ↓
Los socios pertenecen al banco comunal “LOS SOLIDARIOS”; Este banco se ubicada en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Karelin ella es soltera y tiene 31 años y tiene 1 hijo; La socia trabaja en su negocio de venta de joyas y relojes, la socia tiene una tienda donde vende relojes y joyas como pulseras, anillos y aretes, la socia trabaja desde las 8:00 a.m hasta las7:00 p.m, la socia ya tiene 7 años en este negocio y le va muy bien, el sueño de la socia es ampliar el negocio de venta de joyas y relojes. La socia solicita el crédito para comprar relojes, anillos, aretes y pulseras.
Los otros socios se dedican al negocio de venta de artesanía, negocio de tienda de abarrotes, negocio de salón de belleza y negocio de restaurant.


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
  • 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 Los Solidarios Group's $1,900 loan helped a member to buy watches, rings, earrings and bracelets.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013