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Señor De Ccoyllority De Yungaqui Group
In this Group: Concepcion, Luisa, Damacio, Felicitas, Alejandrina*, Doris, Buenaventura, Martha
* not pictured

Update on Señor De Ccoyllority De Yungaqui Group

These members belong to the “Señor de Ccoyllority de Yungaqui” communal bank. This bank is located in the Anta district, in the province of Anta and the department of Cusco.

Group member Martha is 25 years old. She lives with her partner and has two children. She divides her time between her daily chores and her small grocery store. She sells different types of products such as rice, sugar, and milk, among others. At the same time, she sells fish and chicken. She has been doing this work for a long while now, and it is going well for here thanks to the effort she puts into her business every day. She wants to be able to keep working so that, in this way, she can support her family.

She is asking for this loan to buy sodas, among other items. She is thankful to those people who are part of her dream through this website and is committed to making her payments according to the established schedule.

The other group members work selling vegetables, selling tires, selling dry grains, and raising animals. The members who are in the attached photos asked for permission to arrive late to their meeting due to their work. The people who have their faces covered don’t belong to this communal bank.
View original language description ↓
Los socios pertenecen al banco comunal “SEÑOR DE CCOYLLORITY DE YUNGAQUI”; Este banco se ubicada en el distrito de Anta, perteneciente a la provincia de Anta y departamento de Cusco.

La socia es la Sra. Martha ella es conviviente tiene 25 años y tiene 2 hijos; 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, a la vez la socia vende pescados y pollos,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.
Los otros socios se dedican al negocio de venta de verduras, negocio de venta de llantas, negocio de venta de granos secos y negocio de crianza 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.
Los socios que salen en la foto adjunta pidieron permiso para llegar tarde a la reunion por motivos de trabajo.
Las personas que salen con la cara tapada no pertenecen al banco comunal.

Previous Loan Details

The group members belong to the “SEÑOR DE CCOYLLORITY DE YUNGAQUI” communal bank. This bank is located in the district of Anta in the province of Anta and department of Cusco. One of the members is Concepción who is married, is 31 years old and has 1 son. She works from 6am to 4pm in her milk... More from Señor De Ccoyllority De Yungaqui Group's previous loan »

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).

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.

Tags

About Peru

  • $12,000
    Average annual income
  • 73
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Señor De Ccoyllority De Yungaqui Group's $5,025 loan helped a member to buy sodas, among other items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2014
Listed
Jul 25, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015