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Happy Ayllu Group
In this Group: Bertha, Marcia Eiko, Mario Kenji, Julio Mario, Rocio Ofelia, Evelin Yurico, Carlos Nicoll, Orlando, Angel*, Alejandrina, Vilma, Nicolasa, Regina Encarnacion, Susan Anthony, Lina America
* not pictured

Update on Happy Ayllu Group

The members belong to Happy Ayllu Communal Bank, located in the district of Cusco in the province of Cusco and department of Cusco.

The member is Bertha, 62. She's married and has two children. She works as an elementary-school teacher from 8 a.m. until 1 p.m. She's dedicated to this job and it's going very well for her. Her dream is to have a store where she sells clothing.

She's requesting the loan to buy books, notebooks, and pens to work as a teacher.

The member attached to the group photo had permission to have her photograph taken after the meeting because of work. The member whose face is covered with a circle has left Happy Ayllu Communal Bank.

The businesses of the other members are selling beauty products, clothing, groceries, and soda.

She's grateful to those who are part of her dream through this loan and she promises to make her payments punctually.
View original language description ↓
Los socios pertenecen al banco comunal “HAPPY AYLLU”; Este banco se ubicada en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Bertha ella es casada y tiene 62 años y tiene 2 hijos; La socia trabaja como profesora, la socia enseña a niños de primaria, la socia trabaja desde las 8:00 a.m hasta las 1:00 p.m,la socia se dedica a este trabajo y le va muy bien, el sueño de la socia es tener una tienda donde vende la ropa. La socia solicita el crédito para comprar libros, cuadernos y lapiceros para trabajar como profesora.
La socia que esta pegada a al foto grupal se le tomo la foto despues de la reunion porque pidio permiso por motivos de trabajo.
La socia que esta tapada su cara con un circulo se retiro del banco comunal Happy Ayllu
Los otros socios se dedican al negocio de venta de venta de productos de belleza, negocio de venta de ropa, negocio de tienda de abarrotes y negocio de venta de gaseosas.

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 Details

The members belong to the “HAPPY AYLLU” community bank. This bank is located in the district of Wanchaq, in the province of Cusco and department of Cusco. ... More from Happy Ayllu Group's previous loan »

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).

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.

About Peru

  • $12,000
    Average annual income
  • 124
    View loans »
    Peru Loans Fundraising
  • $57,923,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Happy Ayllu Group's $6,050 loan helped a member to buy books, notebooks, and pens.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Apr 22, 2013
May 12, 2013
Currency Exchange Loss:
Sep 17, 2013