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El Mirador De Bombon Group
In this Group: Ezequiel, Sebastiana, Romaldo, Casiano, Marina, Adrian, Edmundo, Honorato, Leonardo, Javier*
* not pictured
The "El Mirador de Bombon" communal bank is made up of a group of friends and neighbours from the Challabamba district in the Paucartambo province.

Sebastiana is 48 years old and married. From this wonderful marriage, she has two children. Sebastiana and her children live in the Mirador do Bombon community.

Sebastiana is a hard-working mother who, from a young age, learned about agriculture from her parents. She also learned how to raise young animals and cattle. Sebastiana is charismatic and friendly. She is prospering as she grows potatoes, wheat,barley, and oats. In her spare time Sebastiana raises sheep, hens, and guinea pigs. She is also fattening up some cattle. On this occasion Sebastiana needs a loan in order to buy seeds and manure.

This communal bank is made up of various members who are always looking for opportunities to get ahead and, through daily effort, to give their children a better future. The members work in agriculture, raising geese, raising young animals, and fattening up cattle.

The members of the communal bank are grateful for this opportunity and promise to make the respective payments on time.
View original language description ↓
Un grupo de vecinos y amigos formaron el banco comunal “El Mirador de Bombon” en el distrito de Challabamba en la provincia de Paucartambo.

Sebastiana tiene 48 años de edad es casada y fruto de esta hermosa relación tiene dos hijos, ella y sus hijos viven en la comunidad de Mirador de Bombon.

Sebastiana es una madre trabajadora que desde muy niña aprendió de sus padres la agricultura, la crianza de animales menores y la ganadería, ella es una persona carismática y amable que sale adelante cultivando papa, trigo, cebada y avena, ella en sus horas libres se dedica a la crianza de ovejas, gallinas y cuyes y también al engorde de ganado entonces ella en esta oportunidad requiere el préstamo para comprar semillas y abono.

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, a la gansería, a la crianza de animales menores y el engorde de ganado.

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

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.

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About Peru

  • $6,715
    Average annual income
  • 68
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Mirador De Bombon Group's $2,300 loan helped a member to buy seeds and manure.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2013
Listed
Nov 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014