Señor De Ccoyllority De Yungaqui Group
One of the members is Concepción who is married, is 31 years old and has 1 son. She works from 6am to 4pm in her milk production and retail business. She has cattle which produce milk which she sells at various fairs. She has had the business for 5 years and it is going well. Through the business she is able to provide for her son. Her dream is to have premises where she can sell the milk. She is asking for the loan to buy milk wholesale.
The member whose photo is attached to the group photo asked permission to have his photo taken after the meeting for work reasons.
The other group members earn a living from businesses selling vegetables, selling tyres, selling bulk dry grains and breeding animals.
Concepción thanks everyone who helps her to realise her dream by providing the loan and promises to keep up with the payment of her loan instalments in the agreed timeframe.
La socia es la Sra. Concepción ella es casada y tiene 31 años y tiene 1 hijo; La socia trabaja en su negocio de producción y venta de leche, la socia tiene ganados y producen leche y lo vende en las diferentes ferias, la socia ya tiene en este negocio 5 años y le va muy bien, la socia trabaja desde las 6:00 a.m hasta las 4:00 p.m,la socia por medio de este negocio saca adelante a sus hijo, el sueño de la socia es tener un local donde pueda vender la leche. La socia solicita el crédito para comprar leche al por mayor.
El socio que esta pegado a la foto grupal se le tomo la foto despues de la reunion porque pidio permiso por motivos de trabajo.
Los otros socios se dedican al negocio de venta de verduras, negocio de venta de llantas, negocio de venta de granos secos y negocio de crianza de animales.
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.
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).
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