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Virgen Del Carmen De Vizcochoni Group
In this Group: Aquelina, Dominga, Estefa, Justina, Marlene, Gavina, Lucia, Santusa, Dominga, Irma, Valentina, Carmela, Natividad, Jesusa, Balvina, Luisa, Rusbel*, Manuela Justina, Feliciana, Savina
* not pictured
A group of neighbors and friends formed the Communal Bank “Virgen del Carmen de Vizcochoni” in the community of Vizcochoni. This Communal Bank consists of several people who look at each moment as an opportunity to move forward. Through their daily efforts, they have been able to provide a better future for their children. The members engage in businesses such as agriculture, selling food, selling groceries, fattening cattle, making handicrafts, raising livestock, raising small animals, and other trades.

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.

View original language description ↓
Un grupo de vecinos y amigos formaron el banco comunal “Virgen del Carmen de Vizcochoni” en la comunidad de Vizcochoni. Este banco comunal está conformado por varias personas que buscan a cada momento las oportunidades para salir adelante y con su esfuerzo diario entregar un mejor futuro a sus hijos. Los socios se dedican a la agricultura, a la venta de comida, a la venta de comestibles, al engorde de ganado, a la elaboración de artesanía, a la ganadería, a la crianza de animales menores y otros.

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).

Additional Information

More information about this loan

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).

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
  • 113
    View loans »
    Peru Loans Fundraising
  • $60,109,800
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen Del Carmen De Vizcochoni Group's $5,300 loan helped a member to buy sacks of rice and sugar in bulk.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
May 24, 2013
May 31, 2013
Currency Exchange Loss:
Dec 17, 2013