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Los Geranios De Mollepata Group
In this Group: Paulina, Emperatriz, Roxana Empe, Olga Janeth, Francisca Luisa, Rene, Mercedes
These members belong to the communal bank "LOS GERANIOS DE MOLLEPATA" which is located in the district of Mollepata in the Anta Province, department of Cusco.

Paulina, 64, is one of the members of the group. She is married and has five children. She has a restaurant and serves different dishes such as chicken and potates, soups, and stir-fry meat, working from 10:00 am. to 5:00 p.m. She has been in business successfully for seven years. Her goal is to expand the restaurant. The loan she is requesting is to buy cooking ingredients such as chicken, meat and vegetables.

The other members of the group are involved in agriculture, cereal sales, a grocery store and animal sales.

Paulina is grateful to lenders participating in her dream and she is committed to paying back the loan on time.
View original language description ↓
Los socios pertenecen al banco comunal “LOS GERANIOS DE MOLLEPATA”; Este banco se ubicada en el distrito de Mollepata, perteneciente a la provincia de Anta y departamento de Cusco.

La socia es la Sra. Paulina ella es casada y tiene 64 años y tiene 5 hijos; La socia trabaja en su negocio de restaurant, la socia prepara diferentes platos como pollo con papas, sopas y saltados de carnes, la socia trabaja desde las 10:00 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 ampliar el negocio de restaurant. La socia solicita el crédito para comprar productos para cocinar como pollo, carne y verduras.


Los otros socios se dedican al negocio de agricultura, negocio de venta de cereales, negocio de tienda de abarrotes y negocio de venta de animales.


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

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.

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About Peru

  • $12,000
    Average annual income
  • 122
    View loans »
    Peru Loans Fundraising
  • $57,345,725
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Geranios De Mollepata Group's $3,400 loan helped a member to buy cooking ingredients such as chicken, meat and vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2014
Listed
Jul 11, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015