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Las Ardillitas Group
In this Group: Lucy, Margarita, Adelina , Carmela, Juana, Rogelia, Reina, Marcelina, Antonia, Lastenia , Juana , Jessica Liliana, Yurema Marise, Adela , Elena, Priscila
The women of the Las Ardillitas are requesting a loan of 5,600 Nuevo Soles to fund their various endeavours. The Ardillitas (or “Little Squirrels”) are a new bank: they are just completing their third loan cycle (each cycle comprising four months of payments) as a group. Because they are a new group, their loan amounts are small, varying between two and six hundred Nuevo Soles. They meet monthly in one bank member’s home near downtown Pucallpa, Peru – a bustling capital in the eastern jungle region of the country.



Most of the women in the group sell food for a living or operate a small corner store, or "bodeguitas", from their homes. The Ardillitas are requesting loans of individual amounts, but they collectively guarantee the repayment of the entire bulk loan. The bank members will be using the loan to fund a variety of individual businesses including: sales of fast food, bottled drinks, groceries, snacks, beauty products, artisanal crafts and bananas. Each woman will repay her portion of the bulk loan within the same four month term.



The bank members requesting a group loan are: Lucy Guinaraes Q., Margarita G. C., Adelina Y. S., Carmela Q. O., Juana A. B., Rogelia P. C., Reina D., Marcelina S. I., Antonia V. Y., Lastenia V. Y., Juana V. R., Jessica Liliana V. Q., Yurema Marice F. G., Adela Insalicio C., Elena V. S., and Priscila G. C..



The bank president is Lucy Guinaraes Q.; the bank treasurer is Juana A. B.; and, the bank secretary is Marcelina S. I..

Additional Information

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
  • 63
    View loans »
    Peru Loans Fundraising
  • $53,993,575
    Funds lent in using Kiva
  • 3.1
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Ardillitas Group's $1,800 loan helped a member to fund a variety of individual businesses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2008
Listed
Jan 7, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2009