Señor De Huanca Group
Update on Señor De Huanca GroupThese members belong to the communal bank Señor de Huanca. This bank is located in the district of Cusco, which belongs to Cusco province, in the department of Cusco.
Guillermina is one of its members. She is married and has three children. She is sixty years old. Her business is a grocery store, where she sells basic items like rice, sugar, milk, and oil. She sets up a grocery stand in the market and works from 8:00 am to 6:00 pm. She has been in business for one year and it is going very well for her. She is requesting this loan to buy milk, sugar, oil, and rice.
The member whose face is covered with a circle no longer belongs to the communal bank Señor de Huanca.
The other members are in business selling fabric, selling rugs, running a grocery store, and selling tires.
Guillermina wants to thank everyone who is a part of this dream by making these resources available. She promises to make her payments on time.
La socia es la Sra. Guillermina ella es casada y tiene 60 años y tiene 3 hijos; La socia trabaja en su negocio de tienda de abarrotes, la socia vende productos de primera necesidad como arroz,azúcar,leche y aceite, la socia tiene un puesto en el mercado que es una tienda de abarrotes, la socia trabaja desde las 8:00 a.m hasta las 6:00 p.m, la socia ya tiene 1 año en este negocio y le va muy bien, el sueño de la socia es ampliar el negocio de tienda de abarrotes. La socia solicita el crédito para comprar leche, azúcar, aceite y arroz.
La socia que esta tapada con un circulo su rostro ya no pertenece al banco comunal Señor de Huanca
Los otros socios se dedican al negocio de venta de tejidos, negocio de venta de alfombras, negocio de tienda de abarrotes y negocio de venta de llantas.
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 “Señor de Huanca” communal bank located in Cusco District, Cusco Province and Department. Florentina is one of the members. She’s married, 51-years-old and has three children. She works in her business raising animals. She raises guinea pigs and has been in bus... More from Señor De Huanca 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
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
- Repayment Term
- 8 months (Additional Information)
- Repayment Schedule
- Dec 20, 2013
- Dec 27, 2013
- Currency Exchange Loss:
- Jul 17, 2014