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Las Abejas De Qquehuña Grande Ii Group
In this Group: Fidelia, Juliana, Josefina, Victoria, Maura, Florentina*, Susana, Sabina, Margarita, Simeona, Paulina, Victoria, Isidora, Clemente, Francisca, Sabina, Ramon, Maria Concepcion, Valentin*, Florencia, Delia*
* not pictured
The Communal bank "Las Abejas de QQuehuna", which was founded in April 2013, is currently in its first cycle. It is comprised of 21 members, 18 women and 3 men. The QQuenua community is located in the province of Paucartambo, in the Huancarani district of the department of Cusco, which is located one hour and 45 minutes from the city of Cusco, by way of unpaved road.

The members are workers and entrepreneurs who seek opportunities at every moment to get ahead and through their daily efforts, to provide a better future for their children. The main economic activities of the partners are agriculture and livestock; others are engaged in selling food, the sale of vegetables, and the raising of small animals such as guinea pigs, chickens and more.

Clemente was born in the community of QQuehuna and lives in the same community where he was born. He is 30 years old, married and has three children. His main economic activity is making plaster. He has a little workshop at home where he makes the plaster. At this time he is requesting a loan in order to maintain his machinery and also to buy firewood.

Additional Information

More information about this loan


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
  • $55,266,925
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Abejas De Qquehuña Grande Ii Group's $6,450 loan helped a member to maintain his machinery and to buy firewood.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 2, 2013
Listed
Apr 22, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013