Los Ayllus Group
Edgar is 40 years old and has three children. He is a responsible and friendly person who provides for his family. He was born in Inquilpata community and still lives there today. He is a farmer and has several plots of farmland where he grows potatoes, barley, corn and other crops. He also raises animals such as guinea pigs and hens. He is a responsible person and his neighbors didn't hesitate to invite him to join their community bank. On this occasion, Edgar needs a loan to buy seeds and guinea pigs. The members of the group are all grateful for the opportunity they are receiving and pledge to make their loan repayments on time.
The smaller photos at the bottom of the main photo are of people who requested permission not to be present at the meeting and it was necessary to go and visit them at home.
Edgar tiene 40 años de edad y tiene tres hijos, él es una persona responsable y amable que saca adelante a su familia, él nació en la comunidad de Inquilpata y vive en la misma comunidad de donde nació, él se dedica a la agricultura pues tiene varios terrenos de cultivos donde siembra papa, cebada, maíz y otras cosas, también él se dedica a la crianza de animales menores como cuyes y gallinas, él es una persona responsable y sus vecinos no dudaron en invitarle a participar del banco comunal. En esta oportunidad Edgar requiere el préstamo para comprar semillas y cuyes. Los socios en general agradecen la oportunidad brindada y se comprometen a cumplir con el pago de sus diferentes cuotas en los plazos establecidos. (Las fotos de las personas que aparecen en la parte inferior de la fotografía pidieron permiso para no estar presentes en la reunión y se les tuvo que buscar en sus domicilios).
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