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Sol Naciente De Pilcopata Group
In this Group: Abel Abrahan, Teofilo, Carlos Alberto, Reina Ysabel, Jesus, Noemi, Alex Ismael
A group of neighbors and friends formed the Naciente de Pilcopata community bank in the city of Pilcopata.

Noemí is 28 years old and lives in the city of Pilcopata. She is a responsible and kind person who is successful. She works helping her husband make wood furniture such as tables, chairs, wardrobes, doors, and desks. She is specifically in charge of the finishing of the furniture. Noemí is requesting this loan to purchase wood and materials such as paint, wood glue, and others.

This community bank is made up of various people who are looking for opportunities to get ahead and give their children a better future with their daily efforts. The members work as farmers, making furniture, providing transportation services, filming videos, and taking photographs. The members are grateful for the opportunity provided and promise to make their repayments on the established schedule.

(The city of Pilcopata is located in the district of Kosñipata in the Paucartambo province in the department of Cusco.)
View original language description ↓
Un grupo de vecinos y amigos formaron el banco comunal “Naciente de Pilcopata” en la ciudad de Pilcopata.
Noemí tiene 28 años de edad y vive en la ciudad de Pilcopata, ella es una persona responsable y amable que sale adelante pues su actividad económica es ayudar a su esposo en la elaboración de muebles de madera como por ejemplo mesas, sillas, roperos, puertas, escritorios, ella se encarga específicamente en el acabado de los muebles entonces en esta oportunidad Noemí requiere el préstamo para comprar madera y materiales de trabajo como pintura, cola de carpintero y entres otros.

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 elaboración de muebles, a brindar servicio de transportes, filmación de videos y tomar fotografías.
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 ciudad de Pilcopata está ubicada en el del distrito de Kosñipata dentro de la provincia de Paucartambo del departamento del Cusco).

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

  • $6,715
    Average annual income
  • 88
    View loans »
    Peru Loans Fundraising
  • $56,011,725
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Sol Naciente De Pilcopata Group's $2,400 loan helped a member to purchase wood and materials such as paint, wood glue, and others.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2013
Listed
Jun 9, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013