Patron De San Jeronimo Ii Group
Our members alternate their various activities between different business and services. Among the members there are taxi drivers, mechanics, members that have grocery stores, a bookstore, a teacher, and members who sell beauty products, wood, anticuchos (grilled meats) and another member who sells candy. Our members are requesting the loan to reinvest in their different businesses and in this way see greater earnings in a smaller amount of time.
Our members are thankful and value the loan granted in this manner and at the same time promise to make their repayments on time.
Nuestros socios alternan sus diversas actividades con el comercio y servicios diversos, entre los socios hay taxistas, mecánicos, socias que tienen tiendas de abarrotes, librería, docente, venta de productos de belleza, venta de leña, venta de anticuchos (carnes a la parrilla); y otra socia que vende golosinas. Nuestros socios solicitan el préstamo para reinvertir en sus diferentes negocios y así ver mayor ganancia en menor tiempo.
Nuestros socios agradecen y valoran el préstamo otorgado mediante este medio y del mismo modo se comprometen a cumplir con el pago de sus cuotas en el plazo establecido.
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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Success!! The loan was 100% repaid