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Miraflores De Challabamba Group
In this Group: Lucio Americo, Juana Maria, Wider Willi, Vicentina, Elena, Lucio, Nicolas, Gregorio*, Timoteo, Alejandro, Hirahoka, Eduarda, Margot, Persi
* not pictured
Juana María, 39, is separated from her spouse. She’s a responsible, kind person who supports her family. She lives in Challabamba District thirty minutes by highway from the main city of Paucartambo where she carried out her daily activities. She sells red meats, eggs and barnyard fowl. On this occasion she needs the loan to buy red meats and chickens.

A group of friends and neighbors formed the “MIraflores de Challabamba” communal bank in Challabamba District. This communal bank consists of several people who are always seeking opportunities to get ahead and with their daily effort to provide a better future for their children. The members work in agriculture, raising livestock, selling foodstuffs, fattening up cattle and raising small farm animals. In general, the members are grateful for the opportunity provided and commit to make their various installment payments as scheduled.

(The people in the photos inserted at the bottom asked permission to miss the meeting.) (Challabama District is in Paucartambo Province, Cusco Department.)
View original language description ↓
Juana Maria tiene 39 años de edad y es separada de su pareja, ella es una persona responsable y amable que saca adelante a su familia, ella vive en el distrito de Challabamba a 30 minutos en carretera de la ciudad principal de Paucartambo y donde realiza sus actividades diarias, ella se dedica a la venta de carnes rojas, huevos y aves de corral. Ella en esta oportunidad requiere el préstamo para comprar carnes rojas y gallinas.

Un grupo de vecinos y amigos formaron el banco comunal “Miraflores de Challabamba” en el distrito de Challabamba. 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 ganadería, a la venta de comestibles, al engorde de ganado y a la crianza de animales menores. 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).

(En el distrito de Challabamba y está 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
  • 55
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Miraflores De Challabamba Group's $6,200 loan helped a member to buy red meats and chickens.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2013
Listed
Jun 26, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014