Check out some available loans that are similar to this one!
Del Futuro Del Manu Group
In this Group: Miguel Angel, Daniel Isequiel*, Maria Luisa, Brigida, Flor De Maria, Rocio, Romulo, Fabian, Fortunato, Elizabeth, Nancy, Deivis*
* not pictured
The "Del Futuro del Manu" Communal Bank is formed by a group of friends and neighbors. The meetings of the communal bank's female members are every thirty days in the city of Salvación, province of Manu and department of Madre de Dios.

Rocio belongs to the communal bank and is 34 years old. She forms part of a civil union from which she has one child. She was born in the city of Salvación and lives in this same city where she was born. She is involved in a variety of economic activities in the city. Rocio works as a public worker in the management department of the forestry center in Salvación. She also has an artisan stall - in her free time she makes artisan crafts from her home.

It has now been a year since she started making artisan crafts and it is going very well for her thanks to the effort that she puts into this work. This time, Rocio needs a loan to buy dried seeds to make into necklaces and bracelets. Rocio's dream is to export her products. She appreciates and values the loan and is committed to paying each monthly installment.

This communal bank is made up of several people who are constantly seeking opportunities to get ahead, and with their efforts, to give a better future to their children. The members make a living in agriculture, raising and fattening livestock, the resale of wood, the production of artisan crafts, the provision of accommodations, the sale of food and the sale of agro-veterinarian products.

The members are thankful for the opportunity given and are committed to fulfilling their payments according to the terms established.
View original language description ↓
Un grupo de vecinos y amigos formaron el banco comunal “Del Futuro del Manu” y las reuniones de las socias del banco comunal son cada treinta días en la ciudad de Salvación provincia de Manu departamento de Madre de Dios.

Rocio pertenece al banco comunal y ella tiene 34 años de edad y tiene una relación de unión libre de la cual tiene un hijo, ella nació en la ciudad de Salvación y vive en la misma ciudad donde nació, ella tiene varias actividades económicas en la ciudad de Salvación. Roció trabaja como empleada pública en el centro forestal de la ciudad de Salvación en el área de gerencia, ella también tiene un puesto de venta de artesanía, ella en sus horas libres se dedica a la elaboración de artesanía en su domicilio. Ya es un año que se dedica a la artesanía y le va muy bien gracias al empeño que pone en su trabajo. En esta oportunidad Rocio requiere el préstamo para comprar semillas secas para elaborar collares y pulseras. El sueño de Rocio es exportar sus productos. Rocio agradece y valora el préstamo y se compromete a cumplir con el pago de sus cuotas mensuales.

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 ganadería, al engorde de ganado, a la venta y compra de madera, a la elaboración de artesanía, brindar hospedaje y venta de comida, venta de comestibles y venta de productos agro veterinarios.

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.

Tags

About Peru

  • $12,000
    Average annual income
  • 129
    View loans »
    Peru Loans Fundraising
  • $57,372,500
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Del Futuro Del Manu Group's $6,800 loan helped a member to buy dried seeds to make into necklaces and bracelets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2013
Listed
Nov 21, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 18, 2014