Virgen Del Carmen De Vizcochoni Group
Aquelina, age 44, is a friendly and responsible person who has been able to move her family forward. She lives in the community of Vizcochoni, which is 20 minutes from the capital of the District of Huancarani. She engages in farming, selling food, and selling basic necessity products. Aquelina has been a member of her Communal Bank for many years and is taking this opportunity to request a loan so that she can buy sacks of rice and sugar in bulk since the prices are cheaper.
In general, the members are appreciative of the opportunity they have received and promise to complete their loan payments according to the established terms. The community of Vizcochoni is located in the District of Colquepata, which is in Paucartambo Province, Department of Cusco, Peru.
Aquelina tiene 44 años de edad y es una persona responsable y amable que saca adelante a su familia, ella vive en la comunidad de Vizcochoni a 20 minutos de la capital del distrito de Huancarani, ella se dedica a la agricultura, a la venta de comida, a la venta de productos de primera necesidad, ella desde hace varios años que participa en el banco comunal y en esta oportunidad Aquelina requiere el préstamo para comprar por mayor sacos de arroz y sacos de azúcar pues se sale más barato. Los socios en general agradecen la oportunidad brindada y se comprometen a cumplir con el pago de sus diferentes cuotas en los plazos establecidos.
(La comunidad de Vizcochoni está ubicado en el del distrito de Colquepata dentro de la provincia de Paucartambo del departamento del Cusco, Perú).
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