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El Triunfo Group
In this Group: Teodora , Feliciana, Angelica*, Rosario, Edith, Norberto, Victoria, Modesto, Magdalena, Yolanda
* not pictured
The member belongs to the communal bank El Triunfo. The bank is located in the district of Lamay, in the province of Calca and department of Cusco.

The member, Yolanda, is 28 years old, has one child and is single. She alternates her daily activities with her business, a grocery store. She sells different types of products, like rice, sugar, milk and candies, among other items. She has been running her business for a good amount of time, and it is going well thanks to the hard work she puts in every day. The member is a responsible and earnest person, since it is in this way that she helps her family to get ahead.

The member is requesting this loan to purchase rice and milk for her business. She feels grateful for the credit she has been granted and is committed to meeting her established payment schedule.

The other members of the group work in fruit sales, handicrafts, making corn beer, mototaxi, and selling dried goods.
View original language description ↓
La socia pertenece al banco comunal EL TRIUNFO, él banco está ubicado en el distrito de Lamay, provincia de Calca y departamento de Cusco.

La socia Yolanda tiene 28 años de edad tiene 01 hijo y es soltera, la socia alterna sus actividades diarias con el negocio de tienda de abarrotes, la socia vende diferentes tipos de productos como arroz, azucar, leche, golosinas entre otros, la socia lleva buen tiempo con su negocio el cual le va bien gracias al empeño que le pone cada día su negocio, la socia es una persona responsable y empeñosa siendo de esta forma que la socia saca adelante a su familia.

La socia solicita el crédito para la compra de arroz y leche para su negocio.

La socia se siente agradecida por el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.

Los demás socios se dedican a la venta de frutas, artesania, elaboracion de chicha, mototaxi, venta de productos secos.

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
  • 67
    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 El Triunfo Group's $3,550 loan helped a member to buy rice and milk for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2014
Listed
Mar 9, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014