The member is Marizol. She is single, is 39 years old, and has 1 child. She works as an elementary school teacher from 8:00 a.m. until 2:00 p.m. She has been doing this work for several years, and it is going very well for her.
Her dream is to have a grocery store. She is applying for the loan to buy a television set for her house.
The other members make their living in the handicraft sales business, the animal sales business, the grocery store business, and the restaurant business.
The member is grateful to whomever forms part of this dream through the loan, and is committed to making her payments on time.
La socia es la Sra. Marizol ella es soltera y tiene 39 años y tiene 1 hijos; La socia trabaja como profesora del nivel primario,la socia trabaja desde las 8:00 a.m hasta las 2:00 p.m,la socia ya tiene varios años en este trbajo y le va muy bien,el sueño de la socia es tener una tienda de abarrotes. La socia solicita el crédito para un televisor para su casa.
Los otros socios se dedican al negocio de venta de artesania, negocio de venta de animales, negocio de tienda de abarrotes y negocio de restaurant.
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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