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Ayni Group
In this Group: Melissa Ivette, Elizabeth Nanc, Sonia, Georgina, Julia, Alejandrina, Josefina, Angelica, Ivet, Yessenia, Alberta, Maritza
The group AYNI is made of up 12 women who are collectively asking for a loan to invest in their businesses in the Cusco area. They work in general stores, communication, jewelry making, and clothing sales. The majority of the group members plan to purchase supplies and merchandise.

One member has been making jewelry and selling it in the Velasco Astete neighborhood for 20 years. She will purchase turquoise stones that cost between 3 and 10 soles and turn them into earrings and necklaces that can be sold at a high price to make a profit. Another client is investing in her cell phone business. She stands on busy street corners in the city and charges people to use her cell phones to make both local and long distance calls. She currently has four phones and will use the loan to increase the prepaid credit on them.

Group leader Georgina is 49 years old and has two children. She sells underwear at a market, also in the Velasco Astete neighborhood, and will buy more merchandise to increase her business. As group leader, she personally knows each of the member’s businesses. The entire group is grateful for the loan. They hope to get ahead in their businesses and are committed to repaying according to their scheduled agreement.

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
  • 45
    View loans »
    Peru Loans Fundraising
  • $64,489,150
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Ayni Group's $2,950 loan helped a member purchase supplies and merchandise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jun 15, 2009
Jul 2, 2009
Currency Exchange Loss:
Nov 15, 2009