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San Pablo Group
In this Group: Valentina, Silva Aurelia, Alejandrina, Leonarda, Narda Basilia, Yolanda, Angelica, Rosa Gabina, Aparicio, Juana, Julia, Constantina, Maria, Genara, Jenrri
The borrowers are part of the communal bank "San Pablo," which is located in the Huayopata district, part of the province of La Convencion in the Department of Cusco.

The member Valentina is single, 53 years old, and has two children. She works in her business, a grocery store, where she sells basic necessities such as rice, sugar, milk, and oil. She works from 8:00AM to 6:00 PM. She has been in this business for a year now and it is going very well; her dream is to grow the business of the grocery store.

She is requesting this loan to buy milk, sugar, oil, and rice.

The other members work in animal sales, coffee sales, grocery store businesses and agriculture sales.

The borrower is grateful to those who form part of her dream through this medium.
View original language description ↓
Los socios pertenecen al banco comunal “SAN PABLO”; Este banco se ubicada en el distrito de Huayopata, perteneciente a la provincia de La Convencion y departamento de Cusco.

La socia es la Sra. Valentina ella es soltera y tiene 53 años y tiene 2 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 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.



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




La socia agradece a quienes forman parte de este sueño mediante este medio

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

  • $6,715
    Average annual income
  • 68
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of San Pablo Group's $3,025 loan helped a member to buy milk, sugar, oil, and rice.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2014
Listed
Jan 31, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014