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Urbanizacion Nuevo Amanecer Group
In this Group: Marka , Martha, Vicente, Julio, Teodora, Reyna, Amalec, Nataly
Amalec belongs to the "Urbanización Nuevo Amanecer" communal bank. The bank is located in the district of Echarate, in the province of La Convención, in the department of Cusco.

Amalec is 32 years old. She has 1 child and lives with her partner. She alternates her daily activities with a small grocery store business. She sells different types of products, such as rice, sugar, and milk, among other things. She has had her business for a long time. It is going well for her, thanks to the hard work she puts into it every day. She hopes to be able to continue working so she can continue supporting her family.

She is requesting the loan to buy soft drinks, among other things.

She is grateful for the loan that has been granted and pledges to make the established repayments.

The other group members work in raising animals, agriculture, and selling grains.
View original language description ↓
La socia pertenece al banco comunal URBANIZACION NUEVO AMANECER, el banco está ubicado en el distrito de Echarate, provincia de La Convención y departamento de Cusco.
La socia Amalec tiene 32 años de edad tiene 01 hijo y es conviviente, la socia alterna sus actividades diarias con el negocio de tienda de abarrotes, la socia vende diferentes tipos de productos como arroz, azucar, leche entre otros, la socia lleva buen tiempo con su negocio el cual le va bien gracias al empeño que le pone cada día a su negocio, la socia desea poder seguir trabajando para de esta forma seguir apoyando a su familia.
La socia solicita el crédito para la compra de gaseosas entre otros.
La socia se siente agradecida por el crédito otorgado y se compromete a cumplir con sus cuotas establecidas.
Los demás socios se dedican a la crianza de animales, agricultura, venta de cereales.

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

  • $6,715
    Average annual income
  • 115
    View loans »
    Peru Loans Fundraising
  • $56,100,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Urbanizacion Nuevo Amanecer Group's $1,775 loan helped a member to buy soft drinks, among other things.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2014
Listed
Jul 20, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014