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In this Group: Yeny, Andrea, Damiana, Margarita, Bacilia, Katy, Erika, Yanet, Yanet, Magaly Kareen, Eusebio, Giovanna, Alejandrina, Sandro, Rosmeri, Carlos Dario, Pilar, Wilbert, Flora Agustina, Jhenny Stephanie
Our members belong to the Señor D. H. Communal Bank; there are 20 members. They live in the city of Cusco in the Cusco department. The members meet every 30 days in the Arariwa Association’s central office. Eusebio is the president of the communal bank, and he is giving Christmas and New Year’s greetings to his colleagues and the Kiva investors.

Some of the members have small businesses. For example; Yeni, Erika, Yanet, Magali, Giovanna, Sandro, Edgard, and Pilar make photocopies in front of the San Antonio Abad National University of Cusco. Andrea and Yaneth have a carpentry shop. Wilbert is a technical engineer and also makes calls and recordings. Flora sells leather, and Yeny is a tour guiD. in the archeological center of Moray.

The members need the loan to increase their business capital by purchasing more products like paper, wood, and many other things.

Margarita is 44 and married. She sells food. “El Burrito Amigable” is the name of her restaurant. She has been in the business for ten years, and it has gone very well for her thanks to the effort she puts into her work. She needs a loan to buy more supplies like meat, vegetables, rice, potatoes, and many other things.

The members appreciate and value the loan, and they promise to pay it on time.

(In the video the president says there are 21 members, but one member withdrew from the bank at the last minute.)
View original language description ↓
Nuestros socios pertenecen al banco comunal “SEÑOR D. H.” y son 20 socios. Ellos viven en la ciudad del Cusco del departamento del Cusco. Los socios se reúnen cada 30 días en la oficina central D. la Asociación Arariwa. El socio Eusebio es el presidente del banco comunal y da unos saludos por navidad y año nuevo a sus compañeros y a los inversionistas D. kiva.

Algunos D. nuestros socios tienen unos pequeños negocios como por ejemplo: Yeni, Erika, Yanet, Magali, Giovanna, Sandro, Edgard y Pilar trabajan haciendo fotocopias al frente D. la Universidad Nacional San Antonio Abad del Cusco, Andrea y Yaneth tiene una carpintería, Wilbert es técnico electricista y también hace llamadas e impresiones, Flora venD. cueros y Yeny es guia D. turismo en el centro arqueológico D. Moray.

Los socios requieren el préstamo para aumentar su capital D. negocio comprando más productos como papel, madera y muchas cosas más.

Margarita es casada y tiene 44 años y venD. comida, su restaurante se llama “El burrito amigable”. Ya son 10 años que se dedica al negocio y le ha ido muy bien gracias al empeño que pone en su trabajo. La socia requiere el préstamo para comprar más insumos como carne, verduras, arroz, papas y muchas cosas más.

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.

(En el video el presidente dice que son 21 socios pero una socia se retiro del banco comunal a ultima hora)

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
  • 43
    View loans »
    Peru Loans Fundraising
  • $64,489,150
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Señor De Huanca Group's $4,775 loan helped a member buy more products like paper, wood, and many other items.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Dec 29, 2009
Jan 12, 2010
Currency Exchange Loss:
May 15, 2010