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Mirador De Bombon Group
In this Group: Ezequiel, Sebastiana, Romaldo, Casiano, Marina, Edmundo, Honorato*
* not pictured
This loan is part of a group of loans called "Credi Yapa" from the Asociación Arariwa. This program allows borrowers with a good credit history to receive a special loan. This loan is in addition to their regular loan, which is currently fundraising on Kiva.

A group of neighbors and friends compose the solidarity bank "El Mirador de Bombon" in the district of Challabamba in the province of Paucartambo.
Ezequiel is 41 years old and lives in the Mirador de Bombon community. Ezequiel is a hardworking person who learned to farm and raise livestock from his parents at a very young age. He is a charismatic and kind man who makes his way in the world by growing potatoes, wheat, barley, and oats. In his free time, Ezequiel also fattens livestock to later sell. So, he is requesting this loan in order to buy a cow.

This communal bank is composed of various people looking for opportunities to get ahead and who work hard in order to provide their children with a better future. The members make a living by farming, raising small animals, and fattening cattle. They are grateful for this opportunity that is being offered to them and pledge to make all of their repayments as scheduled.
View original language description ↓
Este préstamo es parte de las lineas de créditos "Credi Yapa" de la Asociación Arariwa, que permite los prestatarios con un buen historial de crediticio a recibir un especial préstamo. Este es un préstamo además de su préstamo regular que también esta en la recaudación de fondos en Kiva."

Un grupo de vecinos y amigos formaron el banco solidario “El Mirador de Bombon” en el distrito de Challabamba en la provincia de Paucartambo. Ezequiel 41 años y vive en la comunidad de Mirador de Bombon. Ezequiel es una persona trabajadora que desde muy joven aprendió de sus padres la agricultura y la ganadería, él es una persona carismática y amable que sale adelante cultivando papa, trigo, cebada y avena, él en sus horas libres se dedica al engorde de ganado entonces él en esta oportunidad requiere el préstamo para comprar un ganado. Este banco comunal está conformado por varias personas que buscan a cada momento las oportunidades para salir adelante y con su esfuerzo diario entregar un mejor futuro a sus hijos. Los socios se dedican a la agricultura, a la ganadería, a la crianza de animales menores y el engorde de ganado. Los socios en general agradecen la oportunidad brindada y se comprometen a cumplir con el pago de sus diferentes cuotas en los plazos establecidos.

Additional Information

More information about this loan


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
  • 119
    View loans »
    Peru Loans Fundraising
  • $57,346,050
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mirador De Bombon Group's $1,850 loan helped a member to buy a cow.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 25, 2014
Listed
Jun 4, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014