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Arrieros Group
In this Group: Guadalupe, Felicitas , Olga, Hortencia , Erini , Edisson Rainer , Rocio , Paulina , Ivan, German , Teodosio , Miguel Javier , Edgar , Sinforoso , Dolores , Magaly
The Communal Bank 'Arrieros' is maD. up of people who live in the district of Carmen Alto, which is located in the city of Huamanga, a region where muleteers have traditionally lived. It is also an artisan region where textiles are maD.. This is why the Bank is called as it is. The Communal Bank 'Arrieros' was started by 16 members; most of them were invited by the leader. Some of the members are neighbors and family members. The members perform many different activities such as selling food, cereals, cheese, beef, young animals, groceries and some are textile artisans. Many of them sell their products door to door; their workshops are located at their homes, and they also sell their goods at the market of the city of Huamanga. The members need different amounts of money (300, 600, 900 Soles); a total of 9500 Soles for the Communal Bank. The loans will be invested in purchasing pigs, goat, wheat, flour, rice, sugar, cheese, ink, and wool. The dreams of these members is to expand their businesses, to establish a store in a permanent address, and for their children to be professionals.
View original language description ↓
El Banco Comunal Arrieros esta integrado por personas que viven en el distrito D. Carmen Alto que se encuentra en L. ciudad D. Huamanga, zona tradicional en donD. antiguamente vivían los arrieros y también es una zona artesanal en donD. se elaboran textiles, nombre que adquiere el Banco Comunal.
El Banco Comunal Arrieros se inicia con 16 socias, muchas D. ellas fueron invitadas por L. promotora, algunas D. las socias son vecinas y familiares.
Las socias realizan diferentes actividades como venta D. comida, cereales, quesos, carnes, animales menores, abarrotes y algunos son artesanos textiles.
Muchas D. ellas venden sus productos ambulatoriamente, D. casa en casa, sus talleres se ubican en sus domicilios y las ventas los realiza en los mercados D. L. ciudad D. Huamanga.
Las socias necesitan diferentes montos D. prestamos D. 300, 600, 900 soles, haciendo un total D. 9500 soles en el Banco Comunal.
Los prestamos será invertidos en L. compra D. cerdo, carnero, trigo, cebada, arroz, azúcar, quesos, tintes, lanas.
Los sueños D. las socias es ampliar sus negocios, establecer su negocio en un solo lugar y sus hijos sean profesionales.


Additional Information

About FINCA Peru

This loan is administered by FINCA Peru, one of Kiva’s Field Partners in Peru. FINCA Peru is dedicated to empowering socially and economically disadvantaged women in Peru, contributing to the development of their families, and building sustainable communities.

In 1990, FINCA Peru began by lending to a small group of women widowed by the Shining Path terrorist movement in Ayacucho. Beyond loans and financial services, FINCA offers business development training, personal and family development training, gender empowerment sessions, life insurance products, and financial and social literacy sessions for the children of borrowers. Visit FINCA Peru’s Kiva Field Partner page to learn more.

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
  • 87
    View loans »
    Peru Loans Fundraising
  • $55,209,625
    Funds lent in using Kiva
  • 3.1
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Arrieros Group's $3,075 loan helped a member purchase pigs, goat, wheat, flour, rice, sugar, cheese, ink, and wool.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2008
Listed
Nov 20, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009