Los Lideres Group
Catalina is one of its members. She is 80 years old, she is married and she has 8 children. She engages in selling crafts and knitted fabrics. She works in a market called Baratillo, where they sell every kind of items, including second-hand clothes. Her husband is a carpenter and they help their children getting by thanks to these small activities. She wakes up very early to begin making fabrics such as jumpers and scarves. She wishes to run a shop of her own where to sell the knitted fabrics. The loan she is requesting will be used to buy materials such as wool and also to buy crafts.
The activities of the other members are: clothe sale, construction, transportation, taxi services, restaurant and grocery store.
Catalina is happy about the loan and she commits to comply with the repayment of her debt.
La socia es la Sra. Catalina; ella tiene 80 años D. edad y es casada y tiene 8 hijos; La socia se dedica al negocio D. venta D. artesanía y tejidos, la socia venD. en un lugar llamado baratillo que es un lugar donD. venD. todo tipo D. artículos y también ropa D. segunda mano, su esposo es carpintero y por medio D. estos pequeños negocios sacan adelante a sus hijos, la socia se levanta muy temprano y empieza a realizar los tejidos como chompas y chalinas, la socia quiere tener una tienda donD. pueda venderé los tejidos. La socia solicita el préstamo para comprar materiales como lanas y también para comprar artesanía.
Los otros socios se dedican a la venta D. ropa, construcción, transporte, servicio D. taxi, restaurant y tienda D. abarrotes.
La socia está feliz por el préstamo y se compromete a cumplir con los pagos D. su cuota.
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