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Ñaupasunchis Group
In this Group: Aida, Carlota, Maria Milagros, Rodolfo, Teofila, Yasmina, Maida, Betty, Paulina Line, Maria, Olinda, Justina, Giordan Ivan*, Melissa, Silver
* not pictured
A group of neighbors and friends formed a communal bank “Ñaupasunchis” in the beautiful city of Cusco. The partners are grateful for the opportunity offered in general and promise to meet their different payments on the established timetable.

Milagros is 25 years old and was born in the city of Cusco. She is an independent graphic designer and has various clients that ask for her work because it is of good quality. She is a member of the communal bank “Ñaupasunchis” in the city of Cusco. At this time, she requires the loan to buy work materials such as paper, ink, specialty papers and other things. She is happy for the loan and promises to make her payments.
View original language description ↓
Un grupo de vecinas y amigas formaron el banco comunal “Ñaupasunchis” en la hermosa ciudad del Cusco. Los socios en general agradecen la oportunidad brindada y se comprometen a cumplir con el pago de sus diferentes cuotas en los plazos establecidos.

Milagros tiene 25 años de edad y nació en la ciudad del Cusco, ella es diseñadora grafica trabaja de forma independiente, ella tiene varios clientes que le piden trabajos porque sus trabajos son de buena calidad, ella pertenece al banco comunal “Naupasunchis” de la ciudad del Cusco. En esta oportunidad requiere el préstamo para comprar materiales de trabajo como papel, tintas, papeles especiales y otras cosas más. Esta feliz por el préstamo y se compromete a cumplir con los pagos de su cuota.


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
  • 127
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Ñaupasunchis Group's $5,475 loan helped a member to buy work materials such as paper, ink, specialty papers and other things.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2014
Listed
May 9, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2014