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El Gran Chaparral Group
In this Group: Rosa Elena , Hugo Gregorio, Selmira Karen, Pio, Olinda, Juana, Aide*, Jose, Edwin, Anastasia
* not pictured
A group of neighbors and friends formed the "El Gran Chaparral" communal bank in the village of Patria.

Olinda is 32 years old and lives in the village of Patria. She's a responsible and kind person who gets ahead because of her main business, which is raising small animals such as guinea pigs and chickens. On this occasion she requests the loan in order to purchase more chickens and guinea pigs so she can increase her working capital.

This communal bank is comprised of various people who continuously seek opportunities to get ahead and provide a better future for their children through their daily efforts. The members work in farming, selling wood, selling clothing, selling food, raising small animals, and selling snacks and other items.

The members in general give thanks for the opportunity they've been given and pledge to comply with their individual repayments within schedule.

(The village of Patria is known for the trade of forest produce and also for lodging services and restaurants. It's an entry point to Manu National Park.)
View original language description ↓
Un grupo de vecinos y amigos formaron el banco comunal “El Gran Chaparral” en el poblado de Patria.

Olinda tiene 32 años de edad y vive en el poblado de Patria, ella es una persona responsable y amable que sale adelante pues su actividad económica principal es la crianza de animales menores como cuyes y gallinas. Ella en esta oportunidad requiere el préstamo para comprar más gallinas y cuyes para incrementar su capital de negocio.

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, venta de madera, venta de ropa, venta de comida, a la crianza de animales menores, a la venta de golosinas y otras cosas más.

Los socios en general agradecen la oportunidad brindada y se comprometen a cumplir con el pago de sus diferentes cuotas en los plazos establecidos.

(El poblado de Patria se destaca por el comercio de productos de la selva, así como servicios de alojamiento y restaurantes. Punto de ingreso al Parque Nacional del Manu.)

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
  • 98
    View loans »
    Peru Loans Fundraising
  • $55,041,650
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Gran Chaparral Group's $3,775 loan helped a member to purchase more chickens and guinea pigs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2013
Listed
Jul 8, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014