Santa Rosalia Group
Valeriana is 51 years old and lives in Pilcopata. She is a hardworking mother who gets her three children ahead, despite being separated from her husband. Despite all the adversities, she is a responsible and friendly person who gets ahead through her small motorcycle parts store located in her home. She needs a loan to buy more spare parts such as tires, and she needs it to increase her working capital.
The members are grateful for the opportunity and they are committed to make their payments on time.
Valeriana tiene 51 años de edad y vive en el poblado de Pilcopata, ella es una madre trabajadora que saca a delante a sus tres hijos a pesar de ser separada de su pareja. A pesar de las adversidades, ella es una persona responsable y amable que sale adelante pues su actividad económica principal es la venta de repuesto de motocicletas en una pequeña tienda que acomodo en su domicilio, ella en esta oportunidad requiere el préstamo para comprar más repuestos como por ejemplo llantas pues es necesario para incrementar su capital de negocio.
Los socios en general agradecen la oportunidad brindada y se comprometen a cumplir con el pago de sus diferentes cuotas en los plazos establecidos.
More information about this loan
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