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Yanapay Group
In this Group: Georgina, Gilda, Carmen Giovanna, Enriqueta Margarita, Edwar Fernando, Hermelinda, Elena Emperatriz, Francisca, Lisbeth Mirella, Florencia, Melchora, Gladys, Presentación
The members of the community bank "Yanapay", a Quecha word that means "to help", live in Cusco city and meet in the offices of the organization Arariwa, which is headquartered in Huanchac.

They alternate their household responsibilities with their retail activities: some of them have restaurants or wish to complete construction on their homes, others sell quinoa (as a high-protein drink) or rent stands in the El Molino commerical center. The members would like a loan to invest in their respective businesses.

The members appreciate and value the loan granted through Kiva and are committed to repaying their debt in the period established.
View original language description ↓
Los socios del banco comunal “YANAPAY”, lengua quechua que significa traducido al español (ayudar) viven en la ciudad del Cusco, y se reúnen en las oficinas de la organización arariwa con cede en huanchac.

Nuestros socios, alternan sus actividades del hogar con el comercio minorista, alguno de ellos tienen restaurantes, otros desean invertir en la culminación de sus construcciones de viviendas, venta de quinua (bebida proteica), alquilar un stand en el centro comercial el molino, etc. Los socios desean el préstamo para poder invertir en sus diferentes negocios.

Los socios agradecen y valoran el préstamo otorgado mediante este medio y se comprometen a cumplir con el pago de sus deudas en el plazo establecido.

Additional Information

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.

About Peru

  • $12,000
    Average annual income
  • 86
    View loans »
    Peru Loans Fundraising
  • $63,797,675
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Yanapay Group's $2,900 loan helped a member to set up businesses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jun 3, 2009
Jul 1, 2009
Currency Exchange Loss:
Nov 15, 2009