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Mamacha Del Carmen-Vilcabamba Group
In this Group: Gregoria, Maria Dolores, Goya, Elza, Valentin*, Julia, Saturnina , Dorotea , Segundina , Antonia, Andres*, Javier, Fernando
* not pictured

Update on Mamacha Del Carmen-Vilcabamba Group

Gregoria and various neighbours make up the “Mamacha del Carmen” communal bank. The majority of the neighbours live in the community of Vilcabamba. This community is situated in the district of Caicay in the province of Paucartambo, in the department of Cusco.

Gregoria is a very happy and modest person. She is 47 years old and is married, and lives with her family in the same community. After doing her domestic tasks, she works in agriculture and has various plots of land where she grows potato, barley, wheat and other crops. On this occasion Gregoria needs the loan to buy seeds and fertilizers.

The communal bank is made up of members who are always looking for opportunities to get on in life and provide a better future for their children through daily hard work. The members work in agriculture, crafts, selling food, livestock, rearing small animals and other jobs.

(The person in the bottom of the photo arrived late for the meeting.)
View original language description ↓
Gregoria y varios vecinos conforman el banco comunal “Mamacha del Carmen” la mayoria de los vecinos viven en la comunidad de Vilcabamba. La comunidad de Vilcabamba esta dentro del distrito de Caicay dentro de la provincia de Paucartambo del departamento del Cusco). Gregoria es una persona alegre y muy humilde que tiene 48 años de edad, es casada y junto con su familia viven en al misma comunidad, ella despues de hacer sus actividades del hogar y se dedica a la agricultura pues tiene varios terrenmos de cultivos donde tiene papa, cebada, trigo y otras cosas mas. En esta oportunidad Gregoria requiere el préstamo para comprar semillas y fertilziantes.

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 al agricultura, artesanía, venta de comida, ganadería, crianza de animales menores y otros. (La persona que aparece en la parte inferior de la fotografia llego tarde a la reunion).

Previous Loan Details

Made up of a group of neighbours and friends, the "Mamacha del Carmen" communal bank is in the Vilcabamba community. (Vilcabamba is in the district of Caicay in the Paucartamba province of the department of Cusco): This communal bank is made up of various members who are always looking for oppo... More from Mamacha Del Carmen-Vilcabamba Group's previous loan »

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).

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • $58,984,675
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mamacha Del Carmen-Vilcabamba Group's $4,125 loan helped a member to buy seeds and fertilizers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 8, 2013
Nov 25, 2013
Currency Exchange Loss:
Jun 17, 2014
This photo was used before for a previous loan for Mamacha Del Carmen-Vilcabamba Group. It was first posted on Kiva on May, 2013. Learn More