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Inmaculada Concepcion De Pachar Group
In this Group: Victoria, Raymundina, Cipriano, Matilde, Guido, Geronimo, Clara, Nayda, Felicia, Elida
These members belong to the "Inmaculada Conception D. Pachar" community bank. They come from the district of Pachar in the Urubamba province, department of Cosco. The community bank is maD. up of 10 members, and the majority of them have an independent business but within related lines of work. Member meeting take place in the home of Elida, one of the members.

The members alternate their diverse household activities with their work in agriculture, livestock, grain sales, food sales, animal husbandry, etc. Many of them have their own farmland for growing sweet corn, peas, cabbage, corn, etc. One member, Nayda, works in Machupicchu as a receptionist at a hotel for tourists in the morning and then returns to her home (in the city of Pachar) in the evenings. Another member, Victoria, has a grocery store where she sells rice, sugar, oil, etc. Another of the members has a small shop for food sales.

The members are seeking a loan to be used as working capital which will then increase their productivity and their sales and in turn gives their families a better quality of life.

The group values and appreciates the loan granted in this method, and likewise they promise to complete their repayments within the determined time frame.
View original language description ↓
Nuestros socios, pertenecen al banco comunal “INMACULADA CONCEPCION D. PACHAR”. Los socios radican en el distrito D. “Pachar”, provincia D. Urubamba del departamento del Cusco. El banco comunal esta conformado por 10 socios y la mayoría D. ellos tienen un negocio independiente pero con actividades D. trabajo similares. La reunión D. las socias se hace en la casa D. la socia Elida.

Nuestros socios alternan sus diversas actividades del hogar con la agricultura, ganadería, la venta D. granos, la venta D. víveres, crianza D. animales, etc. Una gran parte tiene su propio terreno D. cultivo donD. producen choclo, arbejas, repollo, maíz, etc. La socia Nayda trabaja en Machupicchu en un hotel D. turismo como recepcionista por las mañanas y por las tardes regresa a su casa (ciudad D. Pachar). La socia Victoria tiene una tienda D. abarrotes donD. venD. arroz, azúcar, aceite, etc. Una D. las socias tiene un pequeño puesto D. venta D. comida.

Los socios 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.

Los socios 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.

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
  • 87
    View loans »
    Peru Loans Fundraising
  • $63,784,825
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Inmaculada Concepcion De Pachar Group's $2,975 loan helped a member purchase of seeds and foods, and for the household expenses of meals and education.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 12, 2009
Dec 7, 2009
Currency Exchange Loss:
Jun 15, 2010