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Virgen Asunta-Huancaro Ii Group
In this Group: Rene, Ma Jenny Giovanna, Federico, Roger Esteban, Marco Antonio, Lita Sharon, Purificacion, Elizabeth, Anselma*
* not pictured
The group members belong to the Virgen Asunta-Huancaro II village bank. The group is located in Cusco District, which belongs to the Province and Department of Cusco.

The group member is Sra. Nelly, who is 52 years old and married with 3 children. She works selling fruit, and sells apples, oranges, grapes, bananas and mandarins. She has a market stall where she sells her fruit, where she works from 8am to 5pm. She has had this business for 7 years, and it's going very well for her. Her dream is to have a store where she can sell her fruits and vegetables .She is requesting this loan to buy oranges, bananas, grapes, mandarins and papayas.

The group members who appear in separate photos had their photos taken after the group meeting that they were unable to attend; they requested permission to arrive late because of work. For the next reunion we are hoping that all of the group members will be present. The other group members work selling vegetables, fruit, have general stores or restaurants.

Nelly is grateful to those who form part of this dream and is committed to making her payments within the established time frame.
View original language description ↓
Los socios pertenecen al banco comunal “VIRGEN ASUNTA-HUANCARO II”; Este banco se ubicada en el distrito de Cusco, perteneciente a la provincia de Cusco y departamento de Cusco.

La socia es la Sra. Nelly ella es casada y tiene 52 años y tiene 3 hijos; La socia trabaja en su negocio de venta de frutas, la socia vende manzanas,naranjas,uvas,platanos y mandarinas , la socia tiene un puesto de mercado donde vende las frutas, la socia trabaja desde las 8:00 a.m hasta las 5:00 p.m,la socia ya tiene 7 años en este negocio y le va muy bien, el sueño de la socia es tener un local donde pueda vender las frutas y verduras. La socia solicita el crédito para comprar naranjas, plátanos, uvas, mandarinas y papayas.
Los socios que estan pegados a la foto grupal se les tomo la foto despues de la reunion porque pidieron permiso por motivos de trabajo.

La foto se tomo solo a 5 socias porque el dia de la reunion solo asistieron esas personas,despues al dia siguiente las otras personas recogieron su credito porque no podian venir a la reunion nos les dieron permiso en su trabajo es por ese motivo que se adjunto a mas de dos personas en la foto grupal,para la proxima reunion esperemos que todos los socios esten reunidos.

Los otros socios se dedican al negocio de venta de verduras, negocio de venta de fruta, negocio de tienda de abarrotes y negocio de restaurant.

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

  • $12,000
    Average annual income
  • 85
    View loans »
    Peru Loans Fundraising
  • $59,005,925
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen Asunta-Huancaro Ii Group's $4,550 loan helped a member to buy oranges, bananas, grapes, mandarins and papayas.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Apr 7, 2014
May 27, 2014
Currency Exchange Loss:
Sep 19, 2014