Sumaq Tikari Group
Hilda is raising her hand in the photo. She was born in the community of Kallacancha, but she lives in the community of Chimbamba, 40 minutes from the city of Paucartambo. She is a responsible and friendly person and her neighbors did not hesitate to invite her to participate in the comunal bank. She has a small business making arts and crafts from fabric, but she also works in agriculture and raises young animals. In response to this opportunity she is requesting the loan to buy materials for her work like wool from alpaca and sheep to be able to make sweaters, blankets, belts, hats, scarves and other things.
The members are generally grateful for the opportunity they've been given and agree to comply with the established payment deadlines.
Hilda está levantando la mano en la fotografía, ella nació en la comunidad de Kallacancha pero vive en la comunidad de Chimbamba a 40 minutos de la ciudad de Paucartambo, ella es una persona responsable y amable pues sus vecinos no dudaron en invitar a participar en el banco comunal, ella tiene un pequeño negocio de elaboración de artesanía de tipo tejido pero también se dedica a la agricultura y crianza de animales menores. En esta oportunidad requiere el préstamo para comprar materiales de trabajo como lana de alpaca y oveja para poder elaborar chompas, mantas, pasadizos, chullos, chalinas y otros cosas más.
Los socios en general agradecen la oportunidad brindada y se comprometen a cumplir con el pago de sus diferentes cuotas en los plazos establecidos.
More information about this 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).
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