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Forjemos El Futuro Group
In this Group: Miriam , Elsa, Teresa, Saturnina, Sebastiana, Casimira*, Lorenza Melba, Eliseo, Yasmina, Elva
* not pictured
Our members belong to the communal bank “Forjemos El Futuro” (We Shape our Future). They live in the San Jeronimo District, Cusco province. The bank is maD. up of 10 members. The majority have their own businesses but of similar types. They meet in the home of one of the members, Sebastiana.

They alternate their household activities with the sale of food. Many of them sell cosmetics, food and supplies. The member Eliseo has a car that he uses for transport services in the city. One of the members sells beauty products (perfumes, earrings, bracelets, wallets, etc). Other members have grocery stores where they sell rice, sugar, oil, etc. Sebastiana has a small restaurant where she sells food for breakfast, lunch and dinner.

The members are asking for a loan as work capital that they will use to increase their merchandise and improve their sales. This will make the lives of their families better.

The members appreciate the loan that they receive this way and promise to make their payments in the established timeframe.

(The member Casimira asked the bank directors’ permission not to be photographed because of travel)
View original language description ↓
Nuestras socias, pertenecen al banco comunal “FORJEMOS EL FUTURO”, viven en el distrito D. “San Jerónimo” en la provincia del Cusco. El banco esta conformado por 10 socias y la mayoría D. ellas tienen un negocio independiente pero con actividades D. trabajo similares. La reunión D. las socias se hace en el casa D. la socia Sebastiana.

Nuestros socias alternan sus diversas actividades del hogar con la venta D. comida. Un gran parte se dedica a la venta D. cosméticos, comida y víveres. El socio Eliseo tiene un carro que hace el servicio D. transportes en la ciudad. Una D. las socias D. este banco se dedican a la venta D. productos D. belleza (perfumes, aretes, pulseras, carteras, etc.), otras socias tienen tiendas D. abarrotes donD. venden arroz, azúcar, aceite, etc. La socia Sebastiana tiene un pequeño restaurante D. venta D. comida, ella prepara desayuno, almuerzo y cena.

Las socias solicitan el préstamo para que lo utilicen como capital D. trabajo y D. esta manera incrementar sus productos y aumentar sus ventas, para dar mejor calidad D. vida a sus familias.

Las socias valoran y agradecen el préstamo otorgado mediante este medio y así mismo se comprometen a cumplir con el pago D. sus cuotas en el plazo establecido.

(La socio Casimira no aparece en la fotografía porque pidió permiso a la junta directiva del banco comunal por motivos D. viajes)

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
  • 35
    View loans »
    Peru Loans Fundraising
  • $64,488,800
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Forjemos El Futuro Group's $1,175 loan helped a member to get capital to increase their sales of food.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 10, 2009
Nov 19, 2009
Currency Exchange Loss:
Apr 15, 2010