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Fuxion Group
In this Group: Henry , Cynthia, Grace Karelin, Susana, Lucero Celeste *, Briji Francisca , Julio Cesar , Ricardo , Deyra , Nira Karol , Jose Pablo *
* not pictured
The Fuxion community bank is located in the district of Cusco, which is in the province and department of Cusco.

Deyra is a member of the group. She is 23 years old. She balances her daily activities with her business selling vitamins to the different people who order them, such as friends and family. She is having a good time with her business, which is going well thanks to the effort she puts in every day. Deyra is a responsible person who wants to continue working to improve life for her family.

She is requesting this loan to purchase vitamins for her business. The other group members work in civil construction, trade networks, as a notary, selling vitamins, and as hotel workers.

The group members are grateful to everyone who is part of this dream and promise to make their repayments according to the established schedule.
View original language description ↓
Los socios pertenecen al banco comunal “FUXION”; Este banco se ubicado en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.
La socia es la Srta. Deyra ella es soltera tiene 23 años de edad; La socia alterna sus actividades diarias con el negocio de venta de vitaminas para las distintas personas que le soliciten como amistades, familiares 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 es una persona responsable y desea poder seguir trabajando para de esta manera seguir adelante a su familia.
La socia solicita el crédito para la compra de vitaminas para su negocio.
Los otros socios se dedican a la construcción civil, redes de mercadeo, notaria, venta de vitaminas y trabajadores de hoteles.
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

  • $12,000
    Average annual income
  • 119
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Fuxion Group's $4,325 loan helped a member to purchase vitamins for her business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2013
Listed
Jul 6, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014