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Los Progresistas Group
In this Group: Ingrid , Rut Libia, Libia, Melquiades, Jean Carlos Alfredo*, Jose Romulo , Xiadira, Jessica , Rosa Maria , Mikail
* not pictured
The group members belong to the communal bank "Los Progresistas" (The Progressives). This bank is located in the Cusco district, within the Cusco province and Cusco department.

Ingrid is a group member, is single, and is 26 years old. She alternates working in public service and in another field. She has been working in public service for a while and it has been going well for her, thanks to the effort that she puts towards her work every day. At the same time, she works selling shoes via catalog. In this way, she is able to get ahead.

Ingrid is asking for a loan to buy women's shoes for her business.

The other group members work selling cell phone accessories, transporting goods, in the public sector, as a travel agent, and as a tour guide.

The group members who are in the attached photo asked permission to arrive at the meeting late due to work.

Ingrid is thankful to those that are a part of this dream in this way and promises to make her payments on time.
View original language description ↓
Los socios pertenecen al banco comunal “LOS PROGRESISTAS”; Este banco se ubicada en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Srta. Ingrid ella es soltera y tiene 26 años; La socia altera sus actividades diarias trabajando en una institución pública, la socia lleva buen tiempo trabajando para esta institución el cual le va bien gracias al empeño que le pone cada día a su trabajo, a la vez la socia se dedica a la venta de zapatos por catalogo siendo de esta forma que la socia sale adelante.

La socia solicita el crédito para la compra de zapatos para dama para su negocio.

Los otros socios se dedican al negocio de agencia de viajes, venta de accesorios de celulares, transporte de carga, trabajadores para el sector publico,guia de turismo.

Las socias que salen en la foto adjunta pidieron permiso para llegar tarde a la reunión por motivos de trabajo.

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.

Additional Information

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
  • 127
    View loans »
    Peru Loans Fundraising
  • $56,116,275
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Progresistas Group's $2,750 loan helped a member buy women's shoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2013
Listed
Jul 3, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014