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Sol Naciente Group
In this Group: Lucio Antonio , Francisco, Rosa , Leonidas Oscar , Alicia Enida, Sonia , Maura, Rene , Carmen Rosa, Mayde *, Maria Isabel , Maritza , Rufina*, Vilma Elizabeth
* not pictured
These are members of the group "SOL NACIENTE." They are located in the district of Cusco, which belongs to the province and department of Cusco.

The member named Vilma is married, she is 46 years old, and she has 3 children. She runs a grocery shop and works daily. She sells different types of products such as rice, sugar, milk, and other items like these. She sells the goods to customers that arrive at her store. She enjoys this work and it as gone well thanks to the hard work she puts in each day. She wants to be able to continue working so that she can continue supporting her family.

She is seeking a loan so that she can buy supplies such as rice and sugar for her business.

The member in the separate photo above asked permission to arrive late to the meeting because she had to work.

The other members work in various businesses such as crafts, computer sales, photocopy sales, general stores, restaurants, natural product sales, beauty salons, taxi services, docent services, and public and private sector employees.

The member is thankful for everyone that is contributing to her dream and she promises to comply with the repayment schedule.
View original language description ↓
Los socios pertenecen al banco comunal “SOL NACIENTE”; Este banco se ubicada en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.
La socia es la Sra. Vilma ella es conviviente, tiene 46 años y tiene 3 hijos; La socia altera sus actividades diarias con el negocio de tienda de abarrotes, la socia vende diferentes tipos de productos como arroz, azúcar, leche entre otros, la socia vende su mercadería a sus clientes que le solicitan, la socia lleva buen tiempo dedicándose a este negocio el cual le va bien gracias al empeño que le pone cada día a su negocio, la socia desea poder seguir trabajando para de esta forma seguir apoyando a su familia.

La socia solicita el crédito para comprar mercadería como arroz y azúcar para su negocio.

La socia que salen en la foto adjunta pidió permiso para llegar tarde a la reunión por motivos de trabajo.

Los otros socios se dedican al negocio de artesania, venta de computadoras, fotocopiadoras, tienda de abarrote, restaurante, venta de productos naturales, salón de belleza, brindando el servicio de taxi, docente,
trabajadores del sector público y privado.

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

  • $6,715
    Average annual income
  • 117
    View loans »
    Peru Loans Fundraising
  • $56,074,200
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Sol Naciente Group's $5,300 loan helped a member to buy merchandise, such as rice and sugar, for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 14, 2013
Listed
Nov 29, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014