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Jardines De La Luz Group
In this Group: Erlinda, Rosario, Margot Darleny, Victoria, Francisca, Paulina, Patricia, Gina Erica, Yanet*, Dora
* not pictured
These members belong to the communal bank Jardines de la Luz. This bank is located in the district of Cusco, which belongs to Cusco province, in the department of Cusco.

Erlinda is one of its members. She is a widow and is 52 years old. She has three children. Her business is selling beauty products. She works selling lipsticks, creams, and perfumes by catalog. She offers her products to different people and friends, and works from 8:00 am to 6:00 pm. She has been in this business for five years now and it is going very well for her. Her dream is to open a shop where she could sell her beauty products. She is requesting this loan to buy lipsticks, creams, and perfumes.

The other members do business selling cakes, printing services, selling groceries, and selling cosmetics.

Member Erlinda wants to thank everyone who is a part of this dream by making these resources available and promises to comply with her payment terms.
View original language description ↓
Los socios pertenecen al banco comunal “JARDINES DE LA LUZ”; Este banco se ubicada en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Erlinda ella es viuda y tiene 52 años y tiene 3 hijos; La socia trabaja en su negocio de venta de productos de belleza, la socia vende lápiz labiales, cremas y perfumes, la socia lo vende por catálogos ofreciendo a diferentes personas o amigos, la socia trabaja desde las 8:00 a.m hasta las 6:00 p.m,la socia ya tiene 5 años en este negocio y le va muy bien, el sueño de la socia es tener un local donde pueda vender los productos de belleza. La socia solicita el crédito para comprar labiz labiales, cremas y perfumes.

Los otros socios se dedican al negocio de venta de tortas, negocio de imprenta, negocio de tienda de abarrotes y negocio de venta de cosméticos.


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
  • 64
    View loans »
    Peru Loans Fundraising
  • $53,968,650
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Jardines De La Luz Group's $2,300 loan helped a member to buy lipsticks, creams, and perfumes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2013
Listed
Dec 31, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014