Los Amigos Group
The member is Marcela and she is married, 33 years old with 2 children. She works in her business selling grains. She sells corn, wheat and quinoa, and works from 8 a.m. to 5 p.m. She has had this business for 4 years and it is going very well. Her dream is to have a locale where she can sell her grains. She requests the loan to buy corn, wheat and quinoa.
The other members work in agriculture, grain sales, a grocery store, and a business selling animals. The member is grateful to those who are helping her achieve her dream and promises to make her payments in the established timeframe.
La socia es la Sra. Marcela ella es casada y tiene 33 años y tiene 2 hijos; La socia trabaja en su negocio de venta de cereales, la socia vende maiz, trigo y quinua, la socia trabaja desde las 8:00 a.m hasta las 5:00 p.m, la socia ya tiene 4 años en este negocio y le va muy bien, el sueño de la socia es tener un local donde pueda vender los cereales. La socia solicita el crédito para comprar maíz, trigo y quinua.
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.
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).
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