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Santa Rita De Casia Group
In this Group: Nancy , Gregoria, Fidelia , Maria, Lucia*, Fernando, Paulino, Yeison , Anais
* not pictured
María belongs to the Santa Rita de Casia communal bank, which is located in the district of Cusco, in the province of Cusco and the department of Cusco. She is 45 years old and is widowed with five children. María alternates her daily activities between her artisan business which she has had for years thanks to the hard work that she invests each day, and the production of jewelry including earrings, necklaces, rings and other items that that her customers request. María is responsable and persevering, as this has been the way she can get her family ahead.

María is requesting this loan to buy materials including wires and thread. She is grateful for the loan offered and is committed to fulfilling the established payment schedule. The rest of the members work either in artisan crafts or in state-run businesses.
View original language description ↓
La socia María pertenece al banco comunal SANTA RITA DE CASIA, él banco está ubicado en el distrito de Cusco, provincia de Cusco y departamento de Cusco.
La socia María tiene 45 años de edad, es viuda y tiene 05 hijos, la socia alterna sus actividades diarias con el negocio de artesania,la socia lleva años dedicándose a este negocio el cual le va bien gracias al empeño que le pone cada día a su negocio ,la socia a la vez elabora bisutería como aretes,collares,anillos entre otros para los distintos clientes que le solictan,la socia es una persona responsable y empeñosa siendo de esta manera que la socia saca adelante a su familia.
La socia solicita el crédito para la compra de materiales como alambres, hilos entre otros.
La socia se siente agradecida por el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.
Los demás socios también se dedican trabajador de empresa estatal y artesanía.

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
  • 36
    View loans »
    Peru Loans Fundraising
  • $55,833,225
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Rita De Casia Group's $2,025 loan helped a member to buy materials including wires and thread.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2014
Listed
Apr 28, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014