Señor De La Agonia De Taray Group
Update on Señor De La Agonia De Taray GroupThe members belong to the “SEÑOR DE LA AGONIA DE TARAY” community bank. This bank is located in the district of Cusco, belonging to the province of Cusco and department of Cusco.
The member is Pilar, who is a married 46 year old with 5 children. The member alternates her daily activities with her business in selling fruit like apples, bananas and mandarins, among others. She has had her business for a long time and it is going well thanks to the work that she invests every day in her business. The member works at the same time raising small animals like guinea pigs. She wishes to continue working so that she can support her family in this way.
She is seeking a loan in order to buy bananas and apples for her business.
The other members have a jewelry business, a grocery store business, a business selling clothing, a craft shop and a business selling earrings.
The member thanks those who are part of this dream through these means and promises to comply with the payment of her installments in the time established.
La socia es la Sra. Pilar ella es casada, tiene 46 años y tiene 5 hijos; La socia alterna sus actividades diarias con el negocio de venta de fruta como manzanas, platanos, mandarinas entre otros, la socia lleva buen tiempo con su negocio el cual le va bien gracias al empeño que le pone cada día a su negocio, la socia a la vez se dedica a la crianza de animales menores como cuyes, la socia desea poder seguir trabajando para de esta forma seguir apoyando a su familia.
La socia solicito el crédito para la compra de plátanos y manzanas para su negocio.
Los otros socios se dedican al negocio de joyería, negocio de tienda de abarrotes, negocio de venta de ropa, artesanía y negocio de venta de aretes.
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 DetailsThese associates are members of the “SEÑOR DE LA AGONIA DE TARAY” communal bank. This bank is located in the district of Cusco, which is part of both the province and department of Cusco. This member’s name is Martha, 43, and she’s in a common-law relationship and has 4 children. This member’s… More from Señor De La Agonia De Taray 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