Update on Intihuatana GroupThese members all belong to the "Intihuatana" communal bank which is in the Urcos district of the Quispicanchis province in the department of Cusco.
Member Epifania is 49 years old, separated and has three children. She makes a living selling vegetables, having had her business for some years. The business is going well thanks to her determination at work every day. Epifania is a street vendor and she works at the door of one of the area's markets. She sells carrots, onions and more and, at the same time, she works at night selling animal fodder. She wants to continue working so that she can continue supporting her family.
Epifania is applying for a loan in order to buy vegetables such as onions, carrots, lettuce and more.
The other members of the communal bank have various businesses such as selling vegetables, selling corn, selling flowers, selling clothes, raising young animals, a restaurant and as a tradesman.
The member in the separate photo arrived late for the main photo due to work committments.
Epifania is grateful to those helping her achieve her dreams through Kiva and she promises to make her repayments on time.
La socia es la Sra. Epifania ella es separada tiene 49 años y tiene 3 hijos; La socia alterna sus actividades diarias con el negocio de venta de verduras, la socia lleva años con su negocio el cual le va bien gracias al empeño que le pone cada día a su negocio, la socia vende de forma ambulatoria en la puerta de uno de los mercados de la zona ,la socia vende lo que son zanahorias, cebollas entre otros, a la vez la socia se dedica a la venta de pasto por las noches, la socia desea poder seguir trabajando para de esta forma seguir apoyando a su familia.
La socia solicita el crédito para la compra de verduras como cebollas, zanahorias, lechuga entre otros.
Los otros socios se dedican al negocio de venta de verduras, negocio de venta de maíz, venta de florez, venta de ropa, crianza de animales menores, restaurante y maestro de obra.
El socio que sale en la foto adjunta pidió permiso para llegar tarde por motivos de trabajo.
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 DetailsThe group members pictured above belong to the community bank, "INTIHUATANA," which is located in the Urcos district in the Quispicanchis province, department of Cusco. Marleni is a member of the group, is 37 years old, and has two children. She makes a living raising and breeding animals such... More from Intihuatana Group's previous 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).
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.
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Success!! The loan was 100% repaid