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Pacha Yllari  De Huandar Group
In this Group: Juana Paula, Lucio, Moises, Moises, Lino, Leucadia*, Osbaldo, Sabino, Damacina, Roxana, Luz Marina, Roberta
* not pictured
The members belong to a communal bank called "Pacha Yllari de Huandar". This group is located in the Pisaq district, which is in the Calca province in the department of Cusco.

Juana Paula is married, is 57 years old, and has 2 children. She has a business in which she raises and sells animals. She cares for guinea pigs and chickens, lets them grow and fatten, and then sells them at various festivals.

Through this business, she is able to move her children forward. Her dream is to have a store where she can sell guinea pigs and chickens. She is requesting this loan to purchase guinea pigs, chickens, and food for the guinea pigs and chickens.

The other members of the communal bank make a living through agriculture, selling blocks, running convenience stores, and selling animals.

Juana Paula thanks those who have made this dream possible and promises to make the payments according to the established schedule.
View original language description ↓
Los socios pertenecen al banco comunal “PACHA YLLARI DE HUANDAR”; Este banco se ubicada en el distrito de Pisaq, perteneciente a la provincia de Calca y departamento de Cusco.

La socia es la Sra. Juana Paula ella es casada y tiene 57 años y tiene 2 hijos; La socia trabaja en su negocio de venta y crianza de animales, la socia cría los cuyes y gallinas los hace crecer y engordar y luego los vende en las diferentes ferias, por medio de este pequeño negocio la socia saca adelante a sus hijos, el sueño de la socia es tener un local donde pueda vender los cuyes y gallinas. La socia solicita el crédito para comprar cuyes y gallinas y alimentos para los cuyes y gallinas.


Los otros socios se dedican al negocio de agricultura, negocio de venta de piedras, negocio de tienda de abarrotes y negocio de venta de animales.


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

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).

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.

Tags

About Peru

  • $12,000
    Average annual income
  • 93
    View loans »
    Peru Loans Fundraising
  • $57,986,025
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Pacha Yllari De Huandar Group's $3,650 loan helped a member to purchase guinea pigs, chickens, and food for the guinea pigs and chickens.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2013
Listed
Jan 7, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014