Santa Rosa De Lima De Conchacalla Group
Update on Santa Rosa De Lima De Conchacalla GroupThe members belong to the “Santa Rosa de Lima de Conchacalla” communal bank, this bank is located in the district of Anta, it belongs to the province of Anta and the department of Cusco.
The member is Toribia who is in a couple and has two children and is 41 years old. She spends her days rearing animals, she rears these little animals to then sell to the customers who request them, as well as in the various fairs held in the area, Toribia dreams of being able to continue working in this manner and continue to support her family. Toribia is seeking the loan to buy guinea pigs for her business.
The other members work in the sale of animals, the construction industry, grocery stores, cattle rearing, farming and the sale of chicha (corn liquor). Toribia thanks those who form part of this dream through this means and pledges to meet the repayment schedule.
La socia es la Sra. Toribia ella es conviviente tiene 02 hijos y tiene 41 años; La socia alterna sus actividades diarias con el negocio de crianza de animales, la socia cría a estos animalitos para luego venderlos a sus clientes que le solicitan y en las diferentes ferias que se realizan por la zona, la socia desea poder seguir trabajando para de esta manera seguir apoyando a su familia.
La socia solicita el crédito para comprar cuyes para su negocio.
Los otros socios se dedican al negocio de venta de animales, negocio de construcción, negocio de tienda de abarrotes,ganaderia,agricultura y negocio de venta de chicha.
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.
Previous Loan DetailsThe members belong to the "Santa Rosa de Lima de Conchacalla" communal bank. This bank is located in the district of Anta, part of Anta province and Cusco department. The member is Juana. She has a common-law husband and is 52 and has 7 children. The member works in her business selling and… More from Santa Rosa De Lima De Conchacalla Group's previous loan »
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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.
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Success!! The loan was 100% repaid