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Amistad Cusqueña Group
In this Group: Victor , Leoncio*, Adela *, Elizabeth , Juan Carlos , Jimmy Bernardo, Marco Antonio, Maria , Lucio*, Teofilo, Julio Cesar, Jose, Armando, Efrain, Daniel , Paola Janeth, Eliazar , Fernando
* not pictured
The members belong to the “Amistad Cusqueña” (Cusco Friendship) communal bank located in Cusco District belonging to Cusco Province and Department.

Eliazar, 27, has a spouse and one son. He alternates his daily activities with providing taxi services. He’s been in business a good amount of time and does well thanks to the daily effort he puts into it. He works every day during the daytime. He’s a responsible, dedicated person who supports his family this way.

He’s asking for the loan to buy spare parts for his car. He thanks those who share his dream by this means and commits to make his installment payments as scheduled.

The other group members sell books, are carpenters, master builders, sell clothes and provide taxi services.
View original language description ↓
Los socios pertenecen al banco comunal “AMISTAD CUSQUEÑA”; Este banco se ubicada en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.
El socio es la Sr. Eliazar él es conviviente tiene 27 años y tiene 1 hijo; el socio altera sus actividades diarias brindando el servicio de taxi, él socio lleva buen tiempo c0on su negocio el cual le va bien gracias al empeño que le pone cada día a su negocio, él socio trabaja todos los días durante el dia, el socio es una persona responsable y empeñosa siendo de esta manera que el socio saca adelante a su familia.
El socio solicita el crédito para la compra de repuestos para su carro.
Los otros socios se dedican al negocio de venta de libros, carpinteria, maestro albañil, venta de ropa y brindando el servicio de taxi.
El socio 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.

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About Peru

  • $6,715
    Average annual income
  • 129
    View loans »
    Peru Loans Fundraising
  • $56,130,550
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Amistad Cusqueña Group's $6,300 loan helped a member to buy spare parts for his car.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2013
Listed
Sep 19, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014