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Riqchary Wayna Group
In this Group: Victor Efrain , Emilia , Flora , Martha , Edgar , Victor , Adrian , Ciriaco , Hermelinda , Violeta , Epifania, Simeona , Beatriz , Andres
Emilia is a member of the “RIQCHARY WAYNA” community bank which is located in Urubamba district, in Urubamba province, in Cusco department.

Emilia is 41 years old, married, and has 5 children. She is from Urubamba and for the past 15 years she has been in business raising small animals such as guinea pigs, pigs and poultry (hens, chickens, roosters). She also sows and harvests vegetables, and buys and sells products.

Emilia is requesting a loan to buy a type of corn called 'Tara' corn. It is a corn with large kernels which she mixes with regular yellow corn to produce the famous drink 'chicha de jora' which has been considered an aphrodisiac since Incan times. Emilia will also use her loan to increase her number of animals, buying more guinea pigs and poultry. She is requesting this loan to invest in buying small animals and 'Tara' corn.

Other members of this group sell products retail. Some sell small animals, others work as carpenters or teachers and one sells gelatin desserts. Emilia appreciates the loan and pledges to make her repayments according to schedule.
View original language description ↓
La socia pertenece al banco comunal “RIQCHARY WAYNA”; el banco comunal está ubicado en el distrito de Urubamba, provincia Urubamba, departamento del Cusco.

La socia es la Sra. Emilia; La socia tiene 41 años de edad, la socia es casada y tiene 5 hijos; La socia es natural de Urubamba y se dedica desde hace 15 años a la crianza de animales menores como cuyes, chanchos y aves de corral (gallinas, pollos, gallos); también se dedica a la siembra y cosecha de verduras ella compra y vende productos también ella ahora solicita el préstamo para la compra de un tipo de maíz llamado maíz Tara, es un maíz de grano grande, y también con el maíz amarillo ella lo procesa y elabora la famosa chicha de jora bebida considerada afrodisiaco desde el tiempo de los Inkas. La socia también aumentara animales comprará más cuyes, y aves.La socia solicita el prestamo para invertir en la compra de animales menores y maíz Tara.

Los otros socios se dedican al comercio minorista ellos venden animales menores, otros carpintería, docentes, otra socia vende gelatinas.

La socia valora el préstamo y se compromete a cumplir con el pago de 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
  • 41
    View loans »
    Peru Loans Fundraising
  • $64,459,350
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Riqchary Wayna Group's $4,900 loan helped a member to invest in buying small animals and 'Tara' corn.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Feb 14, 2011
Feb 19, 2011
Currency Exchange Loss:
Jul 15, 2011