Señor De Los Temblores De Quello Quello Group
Update on Señor De Los Temblores De Quello Quello GroupThe member belongs to the “Señor de los Temblores de Quello Quello” Communal Bank. The bank is located in the community of Quello Quello in Pisaq District, Cusco Province.
The member, Lourdes, continues with her business raising small animals. She raises these little creatures to sell to customers who request them. She has spent a long time engaged in this business, which is going very well thanks to the effort she puts into it every day. At the same time Lourdes continues to farm. She is a responsible and diligent person who, in this way, helps her family to get ahead.
Lourdes is requesting the loan to purchase guinea pigs and feed for her animals. She is grateful for the loan provided and is committed to making her payments on time.
La socia Lourdes continua dedicándose a l negocio de crianza de animales menores, la socia cría a estos animalitos para luego venderlos a sus clientes que le solictan, la socia lleva buen tiempo dedicándose a esta actividad el cual le va bien gracias al empeño que le pone cada día su negocio, la socia a la vez continua dedicándose a la agricultura , la socia es una persona responsable y empeñosa siendo de esta manea que la socia saca adelante a su familia.
La socia solicita el crédito para la compra de cuyes y alimentos para sus animalitos.
La socia se siente agradecida con el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.
Previous Loan DetailsThis group is called “Señor D. los Temblores D. Quello Quello” and they meet every thirty days in the city of Quello Quello in Pisaq District, Cusco Province. The communal bank is notable for being composed of hardworking artisans and merchants. The group has 11 members and they’ve requested ... More from Señor De Los Temblores De Quello Quello Group's previous loan »
More information about this loan
Important InformationAbout 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).
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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.
Loan tags help lenders find loans that match certain areas of interest. You can add up to 5 tags for this loan.
106View loans »
Success!! The loan was 100% repaid