Juntos Podemos Group
Update on Juntos Podemos GroupHilda is 41 years old, married, and has two children. She works at a bookstore and sells school supplies such as notebooks, books, pencils, and erasers. She works from 8:00 am to 10:00 pm and also works as a cosmetologist, doing haircuts, tints, and other things. She has been doing this for several years and things are going well. Her dream is to expand her bookstore business and she is asking for this loan to buy books, notebooks, and pencils.
The member whose photo is stuck to the group photo took it later because she had work commitments.
The other members sell arts and crafts, vegetables, have grocery stores or bookstores.
This member is grateful to those who form part of this dream and is committed to making her payments on time.
La socia es la Sra. Hilda ella es casada y tiene 41 años y tiene 2 hijos; La socia trabaja en su negocio de librería, la socia vende útiles de escritorio como cuadernos,libros,lapiceros y borradores, la socia trabaja desde las 8:00 a.m hasta las 10:00 p.m,la socia también se dedica al negocio de cosmetóloga ella realiza cortes de cabello, tintes entre otros, la socia ya tiene varios años en este negocio y le va muy bien, el sueño de la socia es ampliar el negocio de librería. La socia solicita el crédito para comprar libros, cuadernos y lapiceros.
La socia que esta pegada a la foto grupal se le tomo despues la foto porque pidio permiso por motivos de trabajo.
Los otros socios se dedican al negocio de venta de artesanía, negocio de venta de verduras, negocio de tienda de abarrotes y negocio de librería.
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.
Previous Loan DetailsThese members belong to the village bank “Juntos Podemos” [Together We Can], located in a village near the city of Cusco. Hilda, 41 years old, is married and has two children. She has a business selling office products and also has a beauty salon. She offers hair coloring services, haircuts, and… More from Juntos Podemos Group's previous loan »
Important InformationAbout 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.
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Success!! The loan was 100% repaid