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Sol Radiante -Wimpillay Group
In this Group: Mirina, Wilfredo*, Dario, Carlos Enrique*, Magali Irma, Irma, Juancarlos, Belinda, Maria, Monica, Yolanda
* not pictured
The members belong to the Sol Radiente - Wimpillay Communal Bank, located in the district, province, and department of Cusco.
Mirina is 42 and lives with her partner. She has three children and runs a restaurant. She prepares different dishes such as potato, soup, and salted meat. She works from 10:00 am to 5:00 pm and has had this business for seven years. It is going very well for her. Her dream is to expand her business. She is requesting this loan for the purchase of tables and chairs for her restaurant.
The group members inserted into the photo had their photo taken afterwards; they requested permission to do so for work reasons.
The other members sell clothing, run restaurants, sell groceries, and work in transportation.
Mirina thanks those who will become part of this dream through this loan and promises to repay her quotas as established.
View original language description ↓
Los socios pertenecen al banco comunal “SOL RADIANTE -WIMPILLAY”; Este banco se ubicada en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Mirina ella es conviviente y tiene 42 años y tiene 3 hijos; La socia trabaja en su negocio de restaurant, la socia prepara diferentes platos como pollo con papas, sopas y saltados de carnes, la socia trabaja desde las 10:00 p.m hasta las 5:00 p.m,la socia ya tiene 7 años en este negocio y le va muy bien, el sueño de la socia es ampliar el negocio de restaurant. La socia solicita el crédito para comprar sillas y mesas para su restaurant.
Los socios que estan pegados a la foto grupal se le tomo despues la foto porque pidieron permiso por motivos de trabajo.

Los otros socios se dedican al negocio de venta de ropa, negocio de restaurant, negocio de tienda de abarrotes y negocio de transporte.


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
  • 86
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Sol Radiante -Wimpillay Group's $4,200 loan helped a member to buy tables and chairs for her restaurant.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2013
Listed
Oct 17, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014