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Pumataki De Pilco Group
In this Group: Dionicia Amanda, Mario Ericson, Nieves, Leon, Juan Crisostomo, Julio, Zenobia
These members are part of the Communal Bank “Pumataki de Pilco” which is located in the District of Paucartambo in Paucartambo Province, Department of Cusco.

One of the members is Sra. Dionicia Amanda. She is 33 years old, in a common-law relationship, and has four children. Dionicia works at her grocery business where she sells basic necessity products such as rice, sugar, milk, and oil. She works from 8:00 A.M. to 10:00 P.M. Dionicia has been in business for five years and is doing very well. She dreams of expanding her grocery business. The loan she is requesting will be used to buy milk, sugar, oil, and rice.

The other members have businesses that involve raising livestock, selling animals, selling groceries, and selling food.

Dionicia is grateful to those who have helped to fulfill her dream in this manner, so she promises to complete her payments according to the established terms.
View original language description ↓
Los socios pertenecen al banco comunal “PUMATAKI DE PILCO”; Este banco se ubicada en el distrito de Paucartambo, perteneciente a la provincia de Paucartambo y departamento de Cusco.

La socia es la Sra. Dionicia Amanda ella es conviviente y tiene 33 años y tiene 4 hijos; La socia trabaja en su negocio de tienda de abarrotes, la socia vende productos de primera necesidad como arroz, azúcar, leche y aceite, la socia trabaja desde las 8:00 a.m hasta las 10:00 p.m, la socia ya tiene 5 años en este negocio y le va muy bien, el sueño de la socia es ampliar el negocio de tienda de abarrotes. La socia solicita el crédito para comprar leche, azúcar, aceite y arroz.



Los otros socios se dedican al negocio de ganadería, negocio de venta de animales, negocio de tienda de abarrotes y negocio de comida.



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.

Tags

About Peru

  • $12,000
    Average annual income
  • 101
    View loans »
    Peru Loans Fundraising
  • $57,945,600
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Pumataki De Pilco Group's $3,050 loan helped a member to buy milk, sugar, oil, and rice for her grocery business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2014
Listed
Jul 30, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015